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Mridul Das
Introvert! • 5m
Do you know Adda24/7 📑is coming with 3D learning (with VR).Here is a short case study of ADDA24/7📑 startup with a valuation of $175 million 💵,👇 -Adda 247📑 is Edu-Tech🎓 company focussed on government job test prep segment. But they are rapidly changing the Edu-Tech🎓 industry with new futuristic and creative ideas 💡. -They have total 40million users🫴🔥. - On Jun 2023 Adda247📑 acquired Veeksha ( which was in focus for future leaning ways like VR) for an undisclosed amount. This acquisition will also lead to Veeksha being merged into Adda247📑 and have complete vision synergies. Together with Veeksha. -They even acquired UPSC focused ed-tech platform StudyIQ Education🎓. Fundings💵💵 -The Anil Nagar-led company raised $35 million in October 2022 from investors like Google, WestBridge Capital, Infoedge and Asha Impact. Entrackr was first to report the development.👇 -Founders own 26.30%📈, Funds (largest shareholder) own 56.69%📈, Enterprises own 2.74% and Other People own 3.24%📈. The net worth of Adda247's founders is INR 372Cr🔥 💵as of Oct 17, 2022. -Last year their revenue was Rs 243 cr💵 with an increase of 88%🔥 :)...thnkx reading ⚡
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