Adda247 Raises $6Mn in Series B Funding From Infoedge
Adda247 is India’s largest and one of the fastest-growing Edtech companies in India. It focusses on government job test preparation. It owns and manages Adda247app, Youtube Channel, Bankers Adda, SSC Adda, Teachers Adda, etc. Adda247 provides online courses for various government exams like Banking, SSC, Railways, Teaching Job Exams, Defence Exams, IAS, etc and it also includes on-demand video courses, mock tests, live classes, ebooks and doubt sessions.
Adda247 founded in 2010 by Anil Nagar and Saurabh Bansal, is an E-learning platform that has got Series B funding of $6 million by Infoedge(India) Ltd. To date, it has raised a total of $10 Million of funds. It is planning to expand its offerings to new exam categories, amplifying its pan-India presence and adding new languages on the platform. It is working on both online and offline platforms.
It has more than 450 coaching centers, 1000 teachers across the country and 500+ professionals. The company claims that they have recorded 10 times growth in the last three years in terms of revenue and paid users and have also trained more than 100 million students, helping them crack various government examinations.
At the time of publishing this article, Adda247 has 174 employees listed on LinkedIn. This includes interns and part-time employees too.
Durga Colony, Jharsa Village, Sector 39, Gurugram, Haryana 122022.