Meritnation.com Risk Report

🛡️ Financial & Liquidity

Recent developments indicate significant financial movements for Meritnation.com. In particular, there have been notable acquisitions and funding events, leading to changes in ownership and financial strategy. The acquisition by Aakash Educational Services is particularly significant, offering potential for future growth and stability.

• Aakash Educational Services decided to acquire Meritnation for INR 50 crore 🗓 January 4, 2020.
• Info Edge chose to sell its entire stake in Meritnation for INR 50 crore, causing shares to rise by 2% 🗓 January 3, 2020.
• Meritnation had previously secured a fourth round of investment worth INR 30 crore from Info Edge, as of 🗓 February 25, 2013.

🏗️ Operational & Business Continuity

The company has been actively involved in maintaining and enhancing its operational platform. Notably, it integrated advanced ERP systems from SAP to offer a futuristic experience, which indicates a keen focus on operational efficiency and sustaining business continuity.

• Aakash Educational Services launched a digitized platform for the education community using SAP S/4 HANA 🗓 August 3, 2020.

📜 Innovation & R&D

Innovation has been a driving force for Meritnation, as evidenced by several initiatives and product launches over the years. This focus on innovation could be pivotal in maintaining competitive advantage in the dynamic ed-tech space.

• Meritnation introduced a new study app to improve learning experiences 🗓 December 16, 2013.
• The company previously launched "Meritnation Junior," an app designed to make learning engaging for children 🗓 May 2, 2014.