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Mridul Das

Stealth • 3d

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 ⚡

4 replies14 likes

Replies (4)

Anonymous 1

Stealth • 2d

We are really not there yet with VR but idk why still so many Edtech companies see VR as some next gen thing. The hardware and affordability is just not there yet

1 replies

SHIV DIXIT

Stealth • 3d

Bro please write in bullet points and gaps with proper handing... it's really irritating and use less than 6 emojis

1 replies1 like

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