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METIS EDUVENTURES PRIVATE LIMITED

Adda247

U80902DL2012PTC231608

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees701
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹498.96 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Adda247
Backed by marquee investors like Google, Westbridge & Infoedge, Adda247 is India’s leading Government Job Preparation platform. Adda247 is also the largest vernacular test prep platform catering to the learning needs of aspirants in more than 12 Indian languages. Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 aims to empower every Indian youth by providing them career guidance and quality education. Adda247 caters to approx 80-100 Mn government job aspirants across India, who usually have to put up with the substandard quality of courses provided by the local off-line players in this highly unorganized and fragmented market. The platform offers comprehensive solutions for all learning needs including - Online Live Classes, on-demand video courses, mock tests, E-book etc. Adda247 has one of the largest content repositories consisting of more than 3 million questions, over 50,000 hours of recorded video lectures as well as a state-of-the-art e-books library. Adda247 courses are available in 12 languages - English, Hindi, Tamil, Telugu, Marathi, Bengali, Odia, Punjabi, Gujarati, Assamese, Malayalam and Bhojpuri. Adda247 provides online courses for more than 300 Government Job exams in India including UPSC, State PSCs, Banking, SSC, Teaching, Defense, State Exams. Recently, Adda247 also acquired Study IQ Education to strengthen its offering for UPSC and State PSCs. Adda247 caters to users across India, primarily in Tier III and beyond (BHARAT) as more than 80% users come from smaller places.
Business Model

Adda247 is a test prep platform for various government exams such as railways, banking, SSC, and public sector jobs. It provides online courses and classroom coaching services. Founded by Anil Nagar and Saurabh Bansal, the firm is also making efforts to cover K-12, JEE and NEET, GATE segments.

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Adda247 Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹498.96 Cr
No. of Investments Made0
Total No. of Acquisitions5
Lead Investors2
Investors
  • WestBridge, Info Edge
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Adda247 Financial Details
Financial Highlights
FY 2023-24 Revenue₹243.39 Cr
FY 2023-24 Expenses₹344.36 Cr
FY 2023-24 Profit/Loss-₹101.01 Cr
Net Cash Flow From Operations-₹264.5 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Adda247 Key People
People Metrics
Current Core Team3
Board Members/Directors2

Core Team

AN
Anil NagarCo-Founder & CEO
SB
Saurabh Bansal Co-Founder & COO
AJ
Anupam JindalCo-Founder

Board Members/Directors

AN
Anil NagarDirector
SB
Saurabh Bansal Director
Adda247 Documents

AY - 2018-19

Profit and Loss statement - Adda247 - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Adda247 for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Adda247 - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Adda247 for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Adda247 - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Adda247 for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Adda247 - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Adda247 for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Adda247 - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Adda247 for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Adda247 - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Adda247 for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Adda247 - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Adda247 for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Adda247 - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Adda247 for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Adda247 - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Adda247 for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Adda247 - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Adda247 for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Adda247 - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Adda247 for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Adda247 - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Adda247 for FY 2023-24
₹249.00 ₹498.00

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