M&A

Edtech startup Adda247 buys placement preparation platform PrepInsta

Economic Times  

Google-backed, Gurugram-based edtech startup Adda247 has acquired Noida-based PrepInsta , a placement preparation platform. PrepInsta claims to have partnerships with over 400 companies to place its students including Google, Oyo, Infosys and Apple.PrepInsta offers a subscription-based model that includes placement preparation, up-skilling courses, certifications, live sessions, and mentorship.With this buyout, Adda247 has acquired four companies so far, the others being StudyIQ, a UPSC preparation platform in 2021; Veeksha, an augmented reality/virtual reality learning modules platform in 2023; and Ekagrata Eduserv, a chartered accountancy (CA) test preparation firm in July this year.

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