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) ...
Multilingual edtech platform firm Adda247 today said it has acquired UPSC-focused edtech platform StudyIQ Education for $20 million (around ₹150 crore) in a cash and stock deal. StudyIQ Education has ...
Picture for representational purpose/iStock Edtech firm Adda247 on Thursday said it has acquired UPSC-focused edtech platform StudyIQ Education for about USD 20 million (around Rs 150 crore) in a cash ...
- While 150 employees were fired from sales, content and faculty teams, another 100-150 were laid off at the UPSC test prep vertical StudyIQ The employees were told to resign without any prior notice ...
No industry has borne the brunt of the funding winter quite like the edtech sector. Following a streak of Covid-led good fortune of 2020-21, a bleak season has set in. According to Inc42’s ‘The Future ...
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.
New Delhi, Dec 16 (PTI) Edtech firm Adda247 on Thursday said it has acquired UPSC-focused edtech platform StudyIQ Education for about USD 20 million (around Rs 150 crore) in a cash and stock deal. New ...
This acquisition builds on Adda247's history of strategic takeovers, which include StudyIQ, a UPSC-focused edtech platform, in 2021; Veeksha, a 3D experiential learning company, in 2023; and Ekagrata, ...
Adda247, a test preparation platform for government jobs, has acquired UPSC focused edtech platform, StudyIQ Education, for around $20 million (around Rs 150 crore) in a cash and stock deal. A ...