Edtech startup Adda247 raises $35 million in funding

Platform for preparing for government exams Adda247 announced on Wednesday that it had secured $35 million in a round headed by WestBridge Capital. Google participated in the round as a new investor.

The platform will use the funds raised to hire for certain important leadership positions, develop its student counselling team, and raise the profile of its technology and products.

Adda247 has one of the largest content repositories consisting of more than 3 million questions, over 50,000 hours of recorded video lectures as well as a state-of-the-art e-books library. Its courses are available in 12 languages.

Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities.

Commenting on the investment Adda247 founder Anil Nagar Said “We come from a rural background and have seen people suffering due to a lack of guidance and quality education. We want to help create a level-playing field by providing all kinds of learning solutions to students from all backgrounds,” 

The latest funding round also saw participation from the existing investors, including Info Edge and Asha Impact.


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