Google-backed Adda247, a government job preparation platform, has granted stock options of valuation worth Rs 150 crore under its Employee Stock Ownership Plan (ESOP) programme to their employees. The ...
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Adda247 lays off 20% staff ahead of planned IPO
Major workforce cut: Adda247 has laid off about 200 employees, or 20% of staff, across several functions in a pre-IPO restructuring. Cost-saving strategy: The layoffs are aimed at reducing operational ...
https://www.thehindubusinessline.com/companies/adda247-to-conduct-esop-buyback-for-over-130-employees-ahead-of-planned-ipo/article68433467.ece Copy Adda247, a ...
Edtech startup Adda247 on Friday said it has more than doubled its revenue in the financial year that ended March 2023 as compared to the fiscal before. Adda247’s revenue in FY23 grew 100% to Rs 130 ...
Adda247, a government job preparation application, has launched ‘Veer Samman’, an initiative in the light of the 75th Independence Day. As a part of the initiative, the company aims to pay tribute to ...
New Delhi [India], August 20: Adda247, India's premier multilingual learning platform backed by Google, Westbridge, Info Edge, and Asha Impact, is proud to announce the exceptional performance of its ...
Edtech platform Adda247, backed by Google, has reportedly laid off around 250-300 employees. Another edtech platform, StudyIQ, which was acquired by Adda247, has also laid off about 100-150 employees.
Edtech startup Adda247’s net loss grew 2.5% to INR 103.6 Cr in the year ended March 2025 from INR 101 Cr in the previous fiscal, with its revenue and expenses remaining almost flat. Notably, the ...
Multilingual edtech platform Adda247 on Friday said it has acquired UPSC (union public service commission)-focused edtech platform StudyIQ Education for approximately $20 million (around Rs 150 crore) ...
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Adda247 lays off 20% workforce ahead of IPO
Google-backed edtech major Adda247 has laid off 20% of its workforce, or around 200 employees, in an internal restructuring ahead of its planned IPO next year. A Business Standard report, citing ...
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