Last updated: Oct 7, 2024
- Brand NameAdda247
- HeadquarterGurugram
- No. of Employees701
- Industry
EdTech
- Founded Year 2016
- Company StatusActive
- Highlights
- Total Funding₹498.96 Cr
- Funding Rounds6
- Number of Acquisitions5
- FY 2022-23 Revenue₹129.65 Cr
- FY 2022-23 Loss-₹296.09 Cr
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 qual.....view more
Business Model of Adda247
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.
Key People/Management
Show allAN
Anil NagarCo-Founder & CEO
SB
Saurabh Bansal Co-Founder & COO
AN
Anil NagarDirector
SB
Saurabh Bansal Director
AJ
Anupam JindalCo-Founder
Top Competitors
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DhurinaU80100HR2018PTC073490
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ByjusU80903KA2011PTC061427
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TestbookU72200MH2013PTC241118
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UnacademyU72200KA2015PTC082063
Latest News
- WestBridge-backed Adda247 doubles revenue in FY23, eyes IPO in 2-3 yrsOct 27, 2023
- Exclusive: Edtech startup Adda247 fires 300 employeesOct 14, 2023
- Adda247 acquires 3D experiential learning app VeekshaJun 19, 2023
- Google-backed Adda247 elevates CPO Chandan Singh to cofounderJan 9, 2023
- Adda247 posts Rs 61.5 Cr revenue in FY22, losses soared 90%Nov 21, 2022
- Edtech startup Adda247 raises $35 million in funding from Google, WestBridgeOct 13, 2022
- Adda247 acquires UPSC prep platform StudyIQ Education for Rs 150 croreDec 17, 2021
- Adda247 raises $20 million in funding round led by WestBridge CapitalDec 1, 2021
- Exclusive: Adda247 scouts for investors after acquisition talks with Unacademy fall throughSep 21, 2021
- Adda247 to scale up teamNov 4, 2019