About Meritto
Meritto is a company based in Gurugram (India) founded in 2017 by Suraj Sapra, Ankita Goyal, and Naveen Goyal. Meritto has raised $5.06 million across 3 funding rounds from investors including Info Edge and Trifecta Capital. The company has 262 employees as of March 06, 2025. Meritto has completed 1 acquisition, including Intelli Admissions. Meritto operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others.
- Headquarter Gurugram, India
- Employees 262 as on 06 Mar, 2025
- Founders Suraj Sapra, Ankita Goyal, Naveen Goyal
- Stage Minicorn
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Sectors
TechnologyEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nopaperforms Solutions Private Limited
- Date of Incorporation 08 Feb, 2017
- Jurisdiction Delhi, India
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Annual Revenue
$8.6 M (USD)48.08as on Mar 31, 2024
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Net Profit
$4.67 K (USD)100.26as on Mar 31, 2024
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EBITDA
$15.42 K (USD)100.91as on Mar 31, 2024
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Total Equity Funding
$5.06 M (USD)
in 3 rounds
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Latest Funding Round
$183.44 K (USD), Series B
May 02, 2023
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Investors
Info Edge
& 1 more
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Employee Count
262
as on Mar 06, 2025
- Investments & Acquisitions
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Funding Insights of Meritto
Meritto has successfully raised a total of $5.06M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $183.44 thousand completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $183,435
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First Round
First Round
(07 Nov 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series B - Meritto | Valuation | Trifecta Capital |
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| Dec, 2018 | Amount | Series B - Meritto | Valuation | Info Edge |
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| Nov, 2017 | Amount | Seed - Meritto | Valuation | Info Edge |
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Investors in Meritto
Meritto has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Info Edge and Trifecta Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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A multi-group online classifieds company operating across diversified sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by Meritto
Meritto has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Intelli Admissions.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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School discovery and admissions are enabled via an online portal.
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2015 |
Financial Statements - Meritto
Meritto Comparisons
Competitors of Meritto
Meritto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
Integrated edtech systems are provided for K-12 schools.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
Schools and families are assisted with admissions and enrollment management.
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Frequently Asked Questions about Meritto
Meritto was founded in 2017.
Meritto is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Naveen Goyal is the current CEO of Meritto. They have also founded this company.
Meritto is a funded company, having raised a total of $5.06M across 3 funding rounds to date. The company's 1st funding round was a Seed of $879.86K, raised on Nov 07, 2017.
As of Mar 06, 2025, the latest employee count at Meritto is 262.
Annual revenue of Meritto is $8.6M as on Mar 31, 2024.
Meritto was founded in 2017 in Gurugram, India, as a provider of software solutions in the education technology sector. Enrollment and customer relationship management tools are offered to support sales, marketing, admissions, finance, and operations for Ed-tech firms, coaching institutes, study abroad consultants, and K-12 schools. A comprehensive view of the admission lifecycle is facilitated through products including enrollment cloud, education CRM, application platform, chatbot, and payment cloud.
Meritto's top competitors include PowerSchool, LEAD School and GoGuardian.
Meritto has made 1 acquisition, including Intelli Admissions.
Meritto has 2 investors. Key investors include Info Edge, and Trifecta Capital.
The valuation of Meritto is $44.03M as of May 2023.