Today’s forecast: cloudy, with a downpour of edtech deals. Edtech service provider Schoolnet acquired quiz-based learning platform Genius Teacher in an all-stock “multi-million dollar valuation” ...
Edtech platform Adda247, backed by Google, has reportedly laid off around 250-300 employees. Another edtech platform, StudyIQ, which was acquired by Adda247, has also laid off about 100-150 employees.
Edtech startup Adda247, which counts Google, WestBridge Capital and Info Edge as among its investors, on Monday said it has bought experiential learning-based platform Veeksha for an undisclosed ...
Multilingual edtech platform Adda247 on Tuesday said it has raised $20 million (around Rs 150 crore) as part of its Series B funding round led by private equity firm WestBridge Capital. Adda247, which ...
Google-backed edtech company Adda247 has acquired placement preparation platform PrepInsta as part of its ambitious expansion plans. This acquisition builds on Adda247's history of strategic takeovers ...
Google-backed Adda247 announced on June 19 that it has acquired Veeksha, a 3D experiential learning-based product, for an undisclosed amount, to strengthen test prep offerings months after ...
Chartered Accountant and Company Secretary Anshul Agrawal-led Ekagrata Eduserv Pvt. Ltd., which operates CA test-preparation startup Ekagrata CA, has been acquired by Adda247’s holding company, Metis ...
Metis Eduventures Pvt Ltd, which runs vernacular test preparation platform Adda247, has secured $35 million (around ₹280 crore) in a fresh fundraise led by private equity firm WestBridge Capital. The ...
The intangible something in startups, the soul of it can often be sensed by founders. This fosters a sense of deep connection and mutual purpose. As long as the spirit persists, startups remain agile ...
No industry has borne the brunt of the funding winter quite like the edtech sector. Following a streak of Covid-led good fortune of 2020-21, a bleak season has set in. According to Inc42’s ‘The Future ...
Revenue from operations grew to INR 61.5 Cr in FY22, up 1.6X from INR 36.5 Cr reported in FY21 Adda247’s total expenses surged more than fourfold to INR 221.4 Cr in FY22, up from INR 52.2 Cr in FY21 ...