When was Meritnation founded?

Meritnation was founded in 2008 and raised its 1st funding round within a year of its incorporation.

Where is Meritnation located?

Meritnation is headquartered in Delhi, India. It is registered at Second Floor, Apex Tower, Plot No.3, Sector-A, Pocket-II, Vasant Kunj, New Delhi, New Delhi, New Delhi, New Delhi, Delhi, India, 110070.

Who is the current CEO of Meritnation?

Pavan Chauhan of Meritnation. They have also founded 2 companies and are an angel investors in 1 startup.

Which legal entities is Meritnation associated with?

Meritnation is associated with AAKASH EDUTECH PRIVATE LIMITED and 1 other.

How many employees does Meritnation have?

As of Feb 28, 2025, Meritnation has 5327 employees, reflecting a 11% year-over-year growth in headcount.

Is Meritnation a funded company?

Meritnation is a funded company, having raised a total of $9.71M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 12, 2008.

How much is Meritnation worth?

The last known valuation of Meritnation was $***** as of Jan 03, 2020.

When was the latest funding round of Meritnation?

Meritnation's latest funding was a $***** Conventional Debt round on Dec 11, 2017, with participation from 1 investor. Its primary sector is K-12 EdTech. In India, the K-12 EdTech sector has seen $10.5M in funding in 2026 to date.

What is the annual revenue of Meritnation?

Annual revenue of Meritnation is more than ₹1,000 Cr as on Mar 31, 2025

Where does Meritnation rank among its competitors?

Meritnation ranks 15th amongst 1692 active competitors, of which 101 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Vedantu, which secured $11M in Sep, 2025.

Who are the top competitors of Meritnation?

Meritnation's top competitors include Physics Wallah, BYJU'S and GoStudent. Among them, Vedantu secured the most recent funding round in September, 2025.

Meritnation - 2026 Company Profile, Team, Funding, Competitors & Financials

Meritnation is an acquired company based in Delhi (India), founded in 2008 by Ritesh Hemrajani and Pavan Chauhan. It operates as a Provider of tutoring and learning resource platform for students. Meritnation has raised $9.71M in funding from Info Edge Ventures and Info Edge, with last known valuation of $*****. The company has 1692 active competitors, including 101 funded and 43 that have exited. Its top competitors include companies like Physics Wallah, BYJU'S and GoStudent.

Company Details

Provider of tutoring and learning resource platform for students. It offers learning needs to students for CBSE, ICSE and other state boards. Its offers various study materials, including textbooks, video lessons, and practice tests, to support students in their academic pursuits. It offers learning solutions for competitive entrance exams like JEE, AIPMT, and more.

Website: www.meritnation.com/
Social
Email ID: *****@meritnation.com
Phone Number: +91 **********
Registered Address: Second Floor, Apex Tower, Plot No.3, Sector-A, Pocket-II, Vasant Kunj, New Delhi, New Delhi, New Delhi, New Delhi, Delhi, India, 110070

Key Metrics

Founded Year

2008

Location

Delhi, India

Stage

Acquired

Total Funding

$9.71M in 6 rounds

Latest Funding Round

Conventional Debt, Dec 11, 2017, $*****

Last Known Valuation

$***** as on Jan 03, 2020

Investors

Info Edge Ventures & 4 more

Ranked

15^th among 1692 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

5,327 as on Feb 28, 2025

Similar Companies

Physics Wallah & 1223 more

Exit Details

Acquired by Aakash Educational Services (Jan 03, 2020)

View Meritnation's full profile

Meritnation is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AAKASH EDUCATIONAL SERVICES LIMITED CIN: U80300KA2007PLC150057 , India, Active	Oct 15, 2007	₹1,000+ Cr (As on Mar 31, 2025)	4871 (As on May 01, 2026)
AAKASH EDUTECH PRIVATE LIMITED CIN: U99999DL2001PTC110324 , India, Active	Apr 04, 2001	0 - ₹10 Cr (As on Mar 31, 2025)	1 (As on Mar 01, 2025)

Meritnation got acquired by Aakash Educational Services on Jan 03, 2020 at an acquisition amount of $*****.

Click here to take a look at Meritnation's acquisition in detail

Meritnation has raised a total funding of $9.71M over 6 rounds. Its first funding round was on Jun 12, 2008. Its latest funding round was a Conventional Debt round on Dec 11, 2017 for $*****. 1 investor participated in its latest round. Meritnation has 2 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Meritnation:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2017	8239399	Conventional Debt	3005432	1168466	8405048	8699004
Jun 12, 2015	2429732	Conventional Debt	9049388	2691162	2122583	Info Edge
Dec 05, 2013	2179333	Convertible Debt	8398778	3662222	4112177	Info Edge

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View details of Meritnation's funding rounds and investors

The founders of Meritnation are Ritesh Hemrajani and Pavan Chauhan. Pavan Chauhan is the CEO of Meritnation.

Here are the details of Meritnation's key team members:

Ritesh Hemrajani: Co-Founder of Meritnation and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Pavan Chauhan: Co-Founder & CEO of Meritnation and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Meritnation's Board of Directors

Meritnation's board has 4 active members. Ritesh Hemrajani, Pavan Chauhan and Ritesh Hemranjani are part of team and Naveen Saraff is independent board member.

Here is the list of Meritnation's board of directors:

Name	Type	Representing	Status	Duration
Ritesh Hemrajani	Team	-	Current	10y 2m
myrbqyc	Team	-	Past	8y 9m
pfnulcf	Team	-	Past	4y 9m
ovqbgtz	Investor	hkpazuk	Past	7y 1m
Naveen Saraff	Independent board member	-	Current	9y 3m
rxigtdd	Independent board member	-	Past	2y 5m

View details of Meritnation's Founder profiles and Board Members

Meritnation's employee count trend

Meritnation has 5,327 employees as of Feb 25. Here is Meritnation's employee count trend over the years:

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Top competitors of Meritnation include Physics Wallah, BYJU'S and GoStudent. Here is the list of Top 10 competitors of Meritnation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Physics Wallah 2020, Noida (India), Public	Provider of live and recorded classes for academic and test preparation	$275M	WestBridge Capital, Hornbill Capital & 7 others	86/100
2nd	BYJU'S 2011, Bengaluru (India), Series F	Provider of online and offline academic tutoring for school students	$4.6B	Peak XV Partners, Qatar Investment Authority ... & 130 others	78/100
3rd	GoStudent 2016, Vienna (Austria), Series D	Provider of online tutoring platform for K-12 students	$779M	Left Lane, VisionFund & 16 others	75/100
4th	Vedantu 2011, Bengaluru (India), Series F	Provider of live interactive K–12 tutoring platform	$337M	Accel, Tiger Global Management & 40 others	75/100
5th	Oda Class 2017, Bengaluru (India), Series B	Online tutoring platform for k-12 students	$12.8M	Yuanfudao, Matrix Partners China & 2 others	72/100
6th	Toppr 2013, Mumbai (India), Acquired	Developer of personalized online learning and test preparation solutions	$116M	Elevation Capital, Kaizenvest & 28 others	72/100
7th	17Zuoye 2011, Beijing (China), Public	Provider of virtual classroom platform for students, parents and teachers	$585M	Shunwei Capital, H Capital Advance & 7 others	67/100
8th	Filo 2020, Lewes (United States), Series A	Provider of on-demand, one-to-one tutoring services connecting students with tutors	$23.3M	Better Capital, GSV Ventures & 10 others	66/100
9th	Descomplica 2011, Rio de Janeiro (Brazil), Series E	Provider of online learning platform for students	$115M	Social Capital, Invus & 17 others	65/100
10th	Varsity Tutors 2007, St. Louis (United States), Series C	Provider of live online tutoring and test prep platform	$107M	Learn Capital, TCV & 6 others	65/100
15th	Meritnation 2008, Delhi (India), Acquired	Provider of tutoring and learning resource platform for students	$9.71M	Info Edge Ventures, Info Edge & 3 others	61/100

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Founders own 25.99%, Funds (largest shareholder) own 59.04%, Angels own 0.49% and Other People own 0.62%. The net worth of Meritnation's founders is INR 63.7Cr as of Mar 06, 2013.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	25.99%	63.7Cr	2707697	5581737	9566324	6861148
Pavan Chauhan	7872306	5098758	1427846	7171662	3602153	3072854
Fund	59.04%	145Cr	8432443	1361235	8580366	1747152
Info Edge Ventures	6718166	2245135	9800461	9353056	1059872	3548988
Angel	0.49%	1.2Cr	0	0	0	0
Vivek Khare	0	0	0	0	0	0
Other People	0.62%	1.52Cr	0	0	0	0
ESOP Pool	13.86%	34Cr	7722605	8369827	5079526	7471427
Total	100.00%	245Cr	6821728	2626130	9715438	4430906