Applect Learning Systems Raises $4M for Online Curricula in India

Financing

Applect Learning Systems Raises $4M for Online Curricula in India

Jun 2, 2015

APPLECT LEARNING SYSTEMS: New Delhi, India-based Applect Learning Systems raised $4 million from Info Edge. Since 2008, Applect has operated Meritnation, which offers curricula and assessment materials in India. Info Edge’s investment was made in shares, and the company now owns a majority stake in Applect, according to VC Circle.

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