Edtech startup Adda247 facilitates first ever Esop buyback

Google-backed edtech startup Adda247, founder and chief executive Anil Nagar said that this employee stock ownership plan (Esop) buyback represents a pivotal moment for the company. The edtech firm recorded revenue of Rs 243.39 crore in FY24 and has about one million paid users, aiming to increase this number to 1.7 million by the end of this year.
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