Adda247

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Adda247
Private
IndustryEducation technology
Founded2016; 10 years ago (2016)
Founder
  • Anil Nagar
  • Saurabh Bansal
HeadquartersGurugram, Haryana, India
Area served
India
Key people
Anil Nagar (CEO), Saurabh Bansal (COO)
ProductsLive classes, video lectures, mock tests, e-books, quizzes, learning analytics
ServicesExam preparation for government jobs and entrance exams
Number of employees
1000+ (approx.)
Websiteadda247.com

Adda247 is an Indian EdTech company and online learning platform founded in 2016.[1] Based in Gurugram, Haryana, it specializes in exam preparation for government jobs and entrance exams, offering both vernacular and English-language learning resources across multiple platforms and formats.[2][3]

History and Overview

  • Established in 2016, Adda247 has grown into one of India’s largest EdTech platforms for test preparation.
  • Headquartered in Gurugram, it reported reaching over 40 million annual users, with claims of serving over 50 million users monthly from Tier II and III cities.
  • The platform is distinguished as the largest vernacular learning platform in India, offering courses in over 12 Indian languages, designed to function effectively even with low internet connectivity.

Products & Services

Adda247 delivers a comprehensive suite of educational offerings:

  • Live classes, recorded video lectures, mock tests, e-books, quizzes, and performance analytics.
  • Prepares aspirants for a broad range of competitive exams, including:
  1. Government exams: banking (SBI, IBPS, RBI, NABARD), SSC, railways, insurance, teaching, defense, agriculture, state public service commissions.
  2. Entrance exams: UPSC, CUET, JEE, NEET, CLAT, GATE, IIT JAM, etc.
  • Features include offline access, topic-wise bookmarking, detailed performance tracking, daily current affairs updates, and a robust "doubt resolution" forum.
  • Maintains multiple content channels and brands, such as bankersadda.com, sscadda.com, teachersadda.com, and Career Power.[4]

Funding & Acquisitions

  • Adda247 has raised significant funding across multiple rounds. In Series B (2021) and Series C (2022), it secured investments from notable backers including WestBridge Capital, InfoEdge, Asha Impact, JM Financial, Google, and others.
  • It acquired the UPSC-focused ed-tech platform StudyIQ Education in 2021.[5]
  • In June 2023, it acquired Veeksha, a 3D experiential learning app, integrating immersive AR/VR-based content to enhance learning for K-12 and JEE/NEET students.[6]

Corporate Practices & Employee Benefits

  • The company implemented a substantial employee stock ownership plan (ESOP), granting stock options worth approximately ₹150 crore to employees as part of its retention and ownership strategy.[7]
  • It has been recognized as a positive workplace, earning certifications such as Great Place to Work (2022) and Business World’s "Exam Preparation Company of the Year" (2022).[8]

Reception & Market Impact

Adda247 is widely regarded as a prominent player in India’s EdTech sector, particularly within government exam preparation pivotal in democratizing learning for students from non-urban areas via vernacular content, scalable delivery, and affordable pricing.[9]

References

  1. ↑ "Adda247 makes its fourth acquisition with placement preparation platform PrepInsta". Indian Startup News. Retrieved 9 September 2025.
  2. ↑ "Google-backed edtech Adda247 bets on skilling amid rising demand". YourStory. September 2024. Retrieved 9 September 2025.
  3. ↑ "Indian edtech Adda247 turns profitable". DealStreetAsia. Retrieved 9 September 2025.
  4. ↑ "Edtech Startup Adda247 Raises $20M in Series B Funding". The StartupLab. Retrieved 9 September 2025.
  5. ↑ "Adda247 announces ESOP buyback for over 130 employees". Entrackr. July 2024. Retrieved 9 September 2025.
  6. ↑ "Adda247 raises $35 Mn led by WestBridge Capital, adds Google to cap table". Inc42. Retrieved 9 September 2025.
  7. ↑ "WestBridge-backed edtech cos PhysicsWallah and Adda247 at loggerheads over aggressive poaching". Moneycontrol. Retrieved 9 September 2025.
  8. ↑ "Adda247 Expands To Reach The Next 500M Users". Digital Terminal. Retrieved 9 September 2025.
  9. ↑ "Google-backed edtech platform Adda247 cuts nearly 300 jobs". The Times of India. Retrieved 9 September 2025.

External links

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