Adda247, an online learning platform, has raised Series B funding of $6 million led by Infoedge (India) Ltd and Asha Impact. STL, a current investor of Adda247, also participated in the latest round. The startup was founded by Anil Nagar in 2012. With this round, Adda247 has raised a total of $10 million of funds to date.
The startup will invest the funds in business expansion and add new exam categories. They will also amplify their pan India presence.
Adda247 houses multiple platforms such as Adda247 mobile app, Adda247 Youtube channels, bankersadda.com, sscadda.com, teachersadda.co.in and Career Power. The startup has more than 40 million users on its platform and over 3 million Daily Active Users on app and web.
The startup provides comprehensive online learning platform for aspirants of government job exams in India. Currently, we cater to various Bank Exams (SBI, RBI, IBPS etc), Staff Selection Commission Exams (SSC), Railways, Teaching exams & Defence Exams. Our offerings include Online Live Classes, On-demand Video courses, Mock Tests, Ebooks & Books.
