Adda247
India's largest vernacular test-prep platform for government job and competitive exams (banking, SSC, railways, UPSC, state PCS, defence, teaching, NEET/JEE, CUET), offering live classes, video courses, mock tests and e-books in over 12 Indian languages, with roughly 85% of its user base from Tier II, III and IV cities. Originally launched as offline coaching venture Career Power in 2010, the…
Adda247: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 1 Oct 2022 | Series B | $35 Mn | WestBridge Capital Asha Edu Tech Google Info Edge (India) JM Financial | source |
| 1 Dec 2021 | Series B | $20 Mn | WestBridge Capital Asha Impact Info Edge (India) JM Financial | source |
| 7 Nov 2019 | Series B | $6 Mn | Asha Impact Info Edge (India) STL | source |
Acquisitions
Recent Signals
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11 May 2026 · org-team
Adda247 lays off over 200 employees (~20% of workforce) ahead of planned IPO source -
5 Sep 2024 · org-team
Co-founder Chandan Singh exits Adda247 after five years source -
14 Oct 2023 · org-team
Adda247 fires around 250-300 employees to extend runway amid edtech funding slowdown source -
9 Jan 2023 · org-team
Chandan Singh elevated from Chief Product Officer to Co-Founder source -
21 Sep 2021 · ma-strategic
Acquisition talks with Unacademy fall through; Adda247 turns to raising fresh funding instead source
News on Adda247
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Who founded Adda247?
Adda247 was founded by Anil Nagar, Saurabh Bansal, Paresh Goel in 2016.
How much funding has Adda247 raised?
Adda247 has raised $61 Mn across 3 tracked funding round(s), most recently on 2022-10-01. Figures are compiled from cited public sources.
Who are the investors in Adda247?
Investors in Adda247 include WestBridge Capital, Asha Edu Tech, Google, Info Edge (India), JM Financial, Asha Impact, STL.
What does Adda247 do?
India's largest vernacular test-prep platform for government job and competitive exams (banking, SSC, railways, UPSC, state PCS, defence, teaching, NEET/JEE, CUET), offering live classes, video courses, mock tests and e-books in over 12 Indian languages, with roughly 85% of its user base from Tier II,…
Where is Adda247 headquartered?
Adda247 is headquartered in Gurugram, Haryana, India.
What is Adda247's business model?
Adda247's core value proposition centers on Vernacular content across 12+ Indian languages, Live classes, video courses, mock tests and books.
How does Adda247 make money?
Adda247's cited revenue streams include Paid courses and subscriptions, Online courses and classroom coaching.