Adda247
Latest round
- Series B
Last raised
- Oct 2022
Total raised
- $59M
Investors
- 7
About Adda247
Adda247, an Indian EdTech company, specializes in providing a versatile online learning platform aimed at equipping students for competitive examinations, with a strong focus on government job preparation. Founded in 2016 and headquartered in Gurugram, India, Adda247 operates as a leading educational platform geared towards helping students prepare for various competitive examinations. Adda247 is a leading EdTech company in India, primarily focused on providing a comprehensive online learning platform for students preparing for various competitive examinations, particularly government jobs. The company offers a suite of products that includes live classes, mock tests, video courses, e-books, and printed books, all designed to enhance the learning experience for students. These offerings are tailored to address the specific needs of aspirants across multiple sectors, including Banking, SSC, Railways, Defense, and UPSC, among others. Adda247 serves a diverse client base, including over 15 million active users and 9 million YouTube subscribers, primarily targeting students across India. Additionally, the company has made its study materials available in eight vernacular languages, expanding its reach to non-English speaking regions. The products are marketed and sold primarily through its online platform, which facilitates easy access for students across various geographical markets, including urban and rural areas throughout India. The company generate revenue through various subscription models and direct sales of its educational products and services. Clients engage with the platform via different pricing plans, which may include one-time purchases of courses and subscriptions for unlimited access to live classes and mock tests. Adda247's flagship offerings, such as live coaching sessions and mock test series, play a critical role in its revenue generation, ensuring students have the necessary tools for effective exam preparation. The company's commitment to affordability helps it cater to a wide student demographic across India.
Who invested in Adda247
7 investors across 3 rounds
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Questions about Adda247
Who invested in Adda247?
Adda247 has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Adda247 raised?
Adda247 has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Adda247 last raise money?
Adda247's most recent round on record is a Series B, in Oct 2022.
What does Adda247 do?
Adda247, an Indian EdTech company, specializes in providing a versatile online learning platform aimed at equipping students for competitive examinations, with a strong focus on government job preparation.
Where is Adda247 headquartered?
Adda247 is headquartered in Gurugram, India.
Which VCs invest in companies like Adda247?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back education/training companies at Adda247's stage. Their profiles are linked below.
VCs backing education/training startups at Series B
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