Adda 247-The edtech platform the provides online learning has now raised USD 6 million in Series B funding round from the InfoEdge India and Asha Impact. The round included participation from the current investor STL as well.

Founded by Saurabh and Anil in the year 2010 the company’s product portfolio includes live video classes, mock tests, on-demand video

courses, and books, which concentrated on the government and competitive examinations.It claims to have recorded ten times growth in the previous three years in terms of the paid users and revenues.

According to the press, The founder Anil said, “Last year, more than 90 percent of the selected candidates in government jobs (banking and SSC categories) used one or the other Adda247 service for exam preparation. With more than 40 million users on our platform and more than 3 million Daily Active Users (DAU), Adda247 is the most used online education platform in India. More than 60 percent of our users come from Tier III cities and small towns, and that is where we see unprecedented growth and engagement. The funds will be utilized to expand to new exam categories, create vernacular capabilities, and build a world-class product.”

At present, Adda247 is present both as offline and online platforms to provide world class learning experience. It offers more than 450 coaching events by 1000 teachers, and 500 professionals across India.