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Anil Nagar: In FY 2022, the corporate’s income was Rs 61.5 crore. (File)
Edtech platform Adda 247 has acquired a 3D studying product known as Veeksha. The firm hasn’t introduced the monetary particulars of the deal. The firm was based by Anil Nagar.
He went to IIT BHU. He did engineering from BHU between 1998 and 2002. He did PGDM in Marketing and Finance from Goa Institute of Management.
His LinkedIn profile reads that he comes from a small village in Uttar Pradesh. He believes that schooling can convey revolution and alter lives. He opened Adda247 with this imaginative and prescient. He goals to influence schooling by means of on-line mode in a number of Indian languages at an reasonably priced value.
He labored for Cognizant for a few years. During his company life he realised he needed to do one thing worthwhile in life. He determined to assist aspirants from small cities and villages. He did so as a result of he himself needed to wrestle to seek out the proper steering for IIT.
He opened his first startup, Career Power, in partnership with Saurabh Bansal.
The coaching institute assisted graduate college students in passing authorities exams, particularly financial institution recruitment exams. His funding of Rs 1 lakh in 2010 turned Rs 20 lakh in only a 12 months. The firm turned one among India’s most well-known coaching centres.
He opened Adda 247 in 2016. The firm turned an prompt hit. It now runs many internet portals for a number of aggressive exams together with banking, SSC, educating, protection, GATE, JEE, NEET, UPSC, and state exams. The firm’s fundamental audience is college students in Tier 2, Tier 3 and Tier 4 cities.
Last 12 months, the corporate secured Rs 280 crore funding. The valuation of the corporate is Rs 1400 crore.
He was raised in a farmer’s household in Dankaur.
In FY 2022, the corporate’s income was Rs 61.5 crore.
Adda 247 reportedly has 50 million month-to-month energetic customers together with two million paid customers.
