Startup Atlas · EdTech

Adda247

Gurugram, Haryana Founded 2016 adda247.com ↗
Anil Nagar · Co-Founder & CEO Saurabh Bansal · Co-Founder & COO Paresh Goel · Co-Founder
$61 MnTotal funding (tracked)
3Funding rounds
1 Oct 2022Last round

Adda247: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Vernacular content across 12+ Indian languages500+ exams, 12+ languages

Content available in English, Hindi, Tamil, Telugu, Marathi, Assamese, Bengali, Malayalam, Bhojpuri and others, covering 500+ government exams.

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Live classes, video courses, mock tests and books

Multi-format test-prep content delivered digitally.

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Customer Segments

Tier II/III/IV government-exam aspirants85% from Tier 2, 3 & 4 cities

Core user base preparing for railways, banking, SSC and public sector job exams, concentrated outside major metros.

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UPSC and State PSC aspirants

Added via the StudyIQ Education acquisition, which was UPSC-exam focused.

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K-12, JEE and NEET aspirants

Segment strengthened via the 2023 Veeksha acquisition for 3D/AR/VR learning content.

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Chartered Accountancy (CA) aspirants

Added via the 2024 acquisition of CA test-prep platform Ekagrata Eduserv.

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Customer Relationships

Live doubt-clearing sessions and one-on-one mentoring

Teachers hold live doubt-clearing sessions and provide one-on-one mentoring to students, positioned as core to the platform's Test Prime support experience.

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Interactive live teaching

Under its "Why Choose Adda247?" messaging, the platform emphasizes direct teacher-student interaction during live sessions to build conceptual understanding, not just deliver content.

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24x7 customer support24x7

A dedicated round-the-clock support page is linked from the site footer for student queries.

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Channels

Mobile app and website

Primary digital platforms for live classes, courses and tests.

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YouTube30M+ YouTube subscribers

Large free-content distribution channel that also drives conversion to paid products.

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Vertical-specific portals (Bankers Adda, SSC Adda, Teachers Adda)

Exam-category-specific sub-brands feeding into the main platform.

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Offline coaching centers (Career Power)

Predecessor offline coaching business that Adda247 grew from before its 2016 digital relaunch.

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Key Activities

Vertical expansion via acquisitions

Grew into UPSC (StudyIQ, 2021), 3D/AR-VR content (Veeksha, 2023), CA test-prep (Ekagrata, 2024) and placement prep (PrepInsta, 2024).

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Vernacular content production

Producing live classes, video courses, mock tests and e-books across 12+ Indian languages for 500+ government exams.

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Key Resources

Large multi-format content and test library25,000+ recorded videos, 4,000+ mock tests, 2,000+ live classes

Core proprietary resource: a large library of live classes, recorded video lessons, and practice/mock tests covering hundreds of government and competitive exams.

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Test Prime — proprietary AI-driven test-prep technology

Subscription technology product offering unlimited mock tests, exam-pattern-mirrored personalized test series, and AI-driven performance analytics.

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3D/AR experiential-learning content technology

Proprietary 3D-model based content for experiential learning, built out following the 2023 acquisition of Veeksha.

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Founding leadership team29.78% combined promoter stake

Led by co-founders Anil Nagar and Saurabh Bansal; together with Sushil Kumar the promoter group held a combined stake of just under 30% following the October 2022 Series C round.

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Key Partnerships

WestBridge Capital — lead institutional investor28.36% stake, Rs 150 cr

WestBridge Capital has been Adda247's lead investor, anchoring the October 2022 $35M Series C round with the largest single stake.

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Google — strategic investor2.77% stake, Rs 38.86 cr

Google joined Adda247's cap table as a new investor in the October 2022 Series C round.

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Info Edge (India) — repeat investor23.01% stake, Rs 75 cr

Info Edge participated as an existing investor in the October 2022 Series C round, one of its larger stakes on Adda247's cap table.

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Asha Impact — existing investor

Asha Impact participated as an existing investor in the October 2022 Series C round alongside Info Edge and new investor Google.

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Revenue Streams

Paid courses and subscriptions2M+ paid users to date

Freemium model: free daily content plus paid live classes, video courses and test series.

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Online courses and classroom coaching79% of FY22 operating revenue

Largest single revenue contributor in FY22 filings.

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Cost Structure

Employee benefits — largest cost center32.5% of total expenditure; Rs 30 cr (+70.8% YoY)

Employee benefit expenses were Adda247's single largest cost category in FY22, including Rs 3.62 crore of employee share-based payments.

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Faculty payments for educational contentRs 22.2 cr in FY22 (~3X YoY)

Payments to faculty for delivering educational services were the second-largest cost line, nearly tripling year-on-year.

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IT/communication and legal/professional feesIT: Rs 11.24 cr (2.4X); Legal: Rs 9.4 cr (2.8X)

Technology and communication infrastructure spend, and legal/professional fees, both accelerated sharply in FY22.

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Advertising and promotional expensesRs 8 cr in FY22

Marketing spend on advertising and promotion was a smaller, distinct cost line in FY22.

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Total expenditure growth outpaced revenueRs 92.4 cr in FY22 (+77% YoY)

Overall costs grew faster than revenue in FY22, contributing to wider losses.

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FAQs on Adda247

What is Adda247's business model?

Adda247's core value proposition centers on Vernacular content across 12+ Indian languages, Live classes, video courses, mock tests and books.

How does Adda247 make money?

Adda247's cited revenue streams include Paid courses and subscriptions, Online courses and classroom coaching.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com · Last verified 7 Sep 2026. · Report a correction