About Adda247
Adda247 is an Education company based in Gurugram (India) founded in 2016 by Anupam Jindal, Saurabh Bansal, Anil Nagar, and Paresh Goel. An online platform for competitive exam preparation is provided. Adda247 has raised $64.98 million across 7 funding rounds from investors including Google, Info Edge and WestBridge Capital. Adda247 has completed 5 acquisitions, including Ekagrata, PrepInsta and Study IQ. Adda247 was last valued at $172.26 million in September 2022. Its chief executive, as recorded, is Anil Nagar. Its website adda247.com draws about 15.8 million monthly visits. Its Indian entity Metis Eduventures Private Limited reported revenue of ₹176 Cr. Its focus areas include EdTech, Test Preparation Tech, Digital Learning and Diversified. Its competitors include Unacademy, BYJU'S and Toppr; 3 of its 3 listed competitors have raised funding.
Company details
Adda247 was established in 2016 in Gurugram, India, within the edtech sector. Test preparation services for exams including banking, SSC, and CTET are delivered via a web platform and Android mobile app, in Hindi and English. Video lectures, online tests, study materials, current affairs questions, and practice quizzes are included among the offerings.
- Headquarters Gurugram, India
- Founders Anupam Jindal, Saurabh Bansal, Anil Nagar, Paresh Goel
- Stage Minicorn
- SectorsEducation
- Website category Science and Education · Education
- Email••••••••
- Website adda247.com
- Social LinkedIn X Facebook
- Legal Name Metis Eduventures Private Limited
- Date of Incorporation 16 Feb, 2012
- Jurisdiction Delhi, India
Associated legal entities of Adda247
Adda247 operates through Metis Eduventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Metis Eduventures Private Limited CIN U80902DL2012PTC231608 | Active | 16 Feb 2012 | Delhi, Delhi | ₹176 Cr | 880 | 2 | View details |
Funding Insights of Adda247
Adda247 has successfully raised a total of $64.98M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $35 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $64.98M
- Total Rounds 7
- Last Round Series C — $35M
- First Round $1.19M
(May 2016)
- Investors Count 9
All 7 funding rounds of Adda247 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $35M | Series C | $172.26M | WestBridge Capital, Google | |
| Nov 2021 | $20M | Series B | $89.25M | WestBridge Capital | |
| Nov 2019 | $6.02M | Series B | $••••• | Info Edge Ventures | |
| Nov 2018 | $685,600 | Series A | $••••• | STL | – |
| Jun 2017 | $1.49M | Series A | $••••• | STL | – |
| Nov 2016 | $592,320 | Series A | $••••• | – | |
| May 2016 | $1.19M | Seed | $••••• | STL | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $172.26M | •••••••• |
| Nov 2021 | $89.25M | •••••••• |
| Nov 2019 | $••••• | •••••••• |
| Nov 2018 | $••••• | •••••••• |
| Jun 2017 | $••••• | •••••••• |
| Nov 2016 | $••••• | •••••••• |
| May 2016 | $••••• | •••••••• |
Full valuation and stage history of Adda247
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $172.26M (Sep 2022). 9 investors in total: 9 institutional.
Investors in Adda247
Adda247 has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Info Edge and WestBridge Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Venture capital is provided to multiple sectors by MMPL Trust. | Bengaluru, India | |||
Venture capital fund investment in series-A startups | ashaventures.in | Mumbai, India | ||
Early-stage investments are targeted by Konark Trust venture capital firm. | Bengaluru, India | |||
Growth-equity focused private firm investing in SMEs | 2006 | jmfpe.com | Mumbai, India | |
Venture capital firm backed by Info Edge and Temasek | infoedgeventures.in | Noida, India | ||
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more | 1998 | google.com | Mountain View, United States | |
A multi-group online classifieds company operating across diversified sectors | 1995 | infoedge.in | Delhi, India | |
Optical fibre networks and digital integration solutions are provided. | 1988 | stl.tech | Pune, India |
Investor details for Adda247
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Board of directors of Metis Eduventures Private Limited (Adda247)
Metis Eduventures Private Limited is the primary company behind Adda247. The board of Metis Eduventures Private Limited currently have 2 directors; the longest-serving is Anil Nagar, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Nagar DIN 02615605 | Director | 16 Feb 2012 | 14 yrs 8 mo | Metis Eduventures Private Limited |
| Saurabh Bansal DIN 05191303 | Director | 16 Feb 2012 | 14 yrs 8 mo | Metis Eduventures Private Limited |
People of Adda247
103 people are tracked at Adda247 (32 in leadership, 71 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder & Co-CEO | Leadership | |
| Co-Founder | Leadership | |
Bimaljeet Singh Bhasin | Co-CEO | Leadership |
Priyanshu Maheshwari | Director - Academics | Leadership |
Ashwin Srivastava | Senior Director | Leadership |
Gopal Anand | Senior Vice President Content And Strategy | Leadership |
Rohan Pahwa | Associate Director | Leadership |
Prateek Singh | Associate Director | Leadership |
Ajay Vikram Singh | Director Online Business | Leadership |
Monika Billawaria | Associate Director | Leadership |
Mohit Jindal | Chief Strategy Officer | Leadership |
Pankaj Kumar | VP, Product | Leadership |
Gaurav Sawhney | CFO | Leadership |
Saurabh Agarwal | Head, Support & Delivery | Leadership |
Abhidhesh Kumar | Associate Director | Leadership |
Deepak Kumar | Associate Director Of Business Operations | Leadership |
Vikas Walia | Sr. Director Sales | Leadership |
Vineet Mishra | Senior Director Strategy And Management | Leadership |
83 more people are available in the full profile.
Complete people profiles for Adda247
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Financials of Adda247
Figures of Metis Eduventures Private Limited, the primary company behind Adda247, for FY 2025. Revenue was ₹176 Cr (-1% year on year). Net loss was -₹104 Cr (-43% margin). EBITDA was -₹90.84 Cr (-38% margin). Revenue has grown at a compounded annual rate of +55% over three years.
- ₹176 CrRevenue · FY 2025 · -1% YoY
- -₹104 CrNet loss · -43% margin
- -₹90.84 CrEBITDA · -38% margin
- ₹4.5 LakhPaid-up capital
- 880Employees (provident fund records)
- +55%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Metis Eduventures Private Limited are on its company page.
Detailed financial statements for Adda247
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Adda247
Adda247 has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Ekagrata, PrepInsta and Study IQ.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform offering multi-disciplinary certification courses | prepinstaprime.com | Delhi, India | 2017 | Sep 2024 | •••• | |
CA Foundation and Intermediate courses are offered by Ekagrata. | ekagrata.co.in | Indore, India | 2023 | Jul 2024 | •••• | |
E-learning app offering learning solutions for students for school curriculum | veeksha.app | Ahmedabad, India | 2021 | Jun 2023 | •••• | |
Self-paced courses are offered for competitive exam preparation. | studyiq.com | Delhi, India | 2016 | Dec 2021 | $20M | |
Learning and teaching services for competitive exams are provided. | successease.in | Delhi, India | 0 | May 2019 | •••• |
Complete acquisition details for Adda247
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Timeline of Adda247
9 dated milestones of Adda247 across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Adda247 is founded.
- Funding First funding round of $1.2M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Success Ease.
- Acquisition Acquires Study IQ.
- Funding Latest funding round, Series C, of $35.0M.
- Acquisition Acquires Veeksha.
- Acquisition Acquires Ekagrata.
- Acquisition Acquires PrepInsta.
Competitors of Adda247
Adda247 has 3 listed competitors in our database, 3 of them funded. They include Unacademy, BYJU'S and Toppr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unacademy.com | 2015 | Bengaluru, India | $880.17M | 1,894 | Online educational resources and courses for exam preparation are provided. | |
| byjus.com | 2011 | Bengaluru, India | $4.6B | 3 | Online learning programs for K-12 education are delivered. | |
| toppr.com | 2013 | Mumbai, India | $116.06M | Mobile and SaaS-based platform providing e-learning and test preparation platform for students |
Detailed competitors of Adda247
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Web traffic of Adda247
The website of Adda247 (adda247.com) receives about 15.8M visits a month and ranks #3,328 among all websites worldwide, #142 in Education.
- Monthly visits15.8M
▲ 2.9% vs previous month
- Unique visitors6.4M
per month
- Global rank#3,328
among all websites
- Category rank#142
Science and Education · Education
- Bounce rate52%
- Pages per visit4.1
- Average visit3 min 23 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with Adda247. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bankersadda.com | 100% | 1.4M | #38,984 | View details | |
guidely.in | guidely.in | 98% | #17,751 | – | |
prepp.in | prepp.in | 93% | #27,614 | – | |
shiksha.com | shiksha.com | 89% | #3,802 | – | |
| jagranjosh.com | 88% | 20.3M | #2,488 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Adda247
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Top companies in Test Preparation Platforms
3 companies that operate in the same segment as Adda247 (Test Preparation Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
Mobile and SaaS-based platform providing e-learning and test preparation platform for students | 2013 | Mumbai, Maharashtra, India | USD 116.06 M | USD 12.77 M | ||
Live interactive K-12 tutoring platform is provided online. | 2011 | Bengaluru, Karnataka, India | USD 341 M | USD 31.58 M | 972 |
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Related news about Adda247
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Frequently Asked Questions about Adda247
Adda247 was founded in 2016.
Adda247 is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Anil Nagar is the CEO of Adda247, as recorded in our data. They have also founded this company.
Adda247 is a funded company, having raised a total of $64.98M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.19M, raised on May 2016.
The primary company behind Adda247, Metis Eduventures Private Limited, reported revenue of ₹176 Cr for FY 2025, down 1% year on year.
Adda247 was established in 2016 in Gurugram, India, within the edtech sector. Test preparation services for exams including banking, SSC, and CTET are delivered via a web platform and Android mobile app, in Hindi and English. Video lectures, online tests, study materials, current affairs questions, and practice quizzes are included among the offerings.
Adda247 has 9 investors. Key investors include Google, Info Edge, WestBridge Capital, STL Tech, and JM Financial Private Equity.
The valuation of Adda247 is $172.26M as of Sep 2022.
Adda247 operates through Metis Eduventures Private Limited.
The legal entities of Adda247 currently have 2 directors, including Anil Nagar, Saurabh Bansal.