The employability edtech for Bharat | Adda247
If you’ve been following the news, then you would surely know that India’s biggest edtechs are in trouble and are laying off thousands of employees!
They are now realising the market for a 50 thousand rupee online course to crack an entrance exam is very small, and the pandemic boost was temporary.
We think that the real problem to be solved is at the bottom of the pyramid, and it can only be solved if you are able to sell online courses for a few thousand rupees.
You need a fundamentally different type of organisation to sell such courses profitably, and this is what Adda247 has cracked.
The VCs have also voted for it by investing more than 60 mn dollars in the company to date.
Adda247 is one of India’s top Government Job Preparation platforms catering to the learning needs of job aspirants in more than 12 Indian languages.
Anil Nagar talks about how his mission-driven approach led to some unique choices while building up Adda247 and how those choices are fundamentally making them a stronger business.
Other Ways to Listen:
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Additional readings:-
1.Bullish on Bharat: here’s how adda247 is helping Indian youth land their dream ‘sarkari’ jobs
2.A pivot that helped adda247 reach tier ii cities and beyond
3.Edtech platform adda247 raises $35m led by Westbridge capital
Before you go……the analytics only tell me so much, I want to hear what you feel and think about the conversations.
Mail me at ad@thepodium.in with your comments & feedback or if you just want to hear my comments on your startup idea - I love getting your emails!
Until the next founder's thesis📕,
Your host, AD