Education
Adda247 witness 5X revenue growth in its vernacular business amid COVID-19 lockdown
Published
4 years agoon
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The leading Indian edutech player experiences an exponential 5X rise in its vernacular student base
Mumbai, 20th August 2020. Delivering on its mission of empowering students through easy access to quality education, Adda247, India’s largest and fastest-growing education-technology company for test preparation, has registered a phenomenal revenue growth rate of 5x times in merely six months’ time in its vernacular business since the onset of the coronavirus lockdown. The edutech player’s student base too has displayed a remarkable growth upsurge by 5x times during this period.
Through state-of-the art online learning features and offering high user-friendly content in vernacular languages besides Hindi and English has visibly catalyzed the company’s stupendous growth curve. The company’s existing Youtube subscriber base of regional channels constitutes of approximately 15.5 lakh subscribers across Tamil, Telugu, Marathi and Bengali channels.
Apart from providing quality study material and e-content for all competitive national exams such as Banking, SSC, RRB NTPC etc in regional languages, Adda247 is also covering a diversity of competitive state exams in vernacular languages such as the West Bengal Civil Service (WBCS) ; West Bengal Police (WBP) ; West Bengal School Service Commission for the state of West Bengal, Andhra Pradesh SI & Constable exams for the states of Andhra Pradesh and Telangana, TNPSC Grp 1& 2,2A,4 for the state of Tamil Nadu and MPSC Combined and Maha Bharti for the state of Maharashtra.
Commenting on this remarkable growth achieved by the edutech brand, Anil Nagar, Founder of Adda247 said,” this has been a challenging year for the students of our country. With traditional educational and learning channels disbanded, it was wholly up to the edutech industry to salvage a veritable rescue course for the countless affected students and provide a feasible learning supplement. We are proud that we could reach out to so many students and prospective candidates through our edutech offerings. we at Adda247 are wholeheartedly committed to furnishing the best possible learning programs and preparatory material, so that our student user base can achieve glory, even in the face of adversity.”
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