Adda247 Acquires Veeksha to Enhance Learning Experiences
Edtech startup Adda247 announced on June 19, 2023, that it has acquired Veeksha, a 3D experiential learning-based product. The acquisition will help Adda247 to strengthen its test prep offerings and compete with other edtech giants like Byju’s and Unacademy.
Veeksha is a platform that uses 3D technology to create interactive learning experiences. The platform’s content is aligned with the NEET, JEE, and other competitive exams. Adda247 believes that Veeksha’s 3D technology will help students to better understand complex concepts and improve their learning outcomes.
The acquisition of Veeksha is a significant move by Adda247. It shows that the company is committed to investing in new technologies and expanding its product offerings. It also shows that Adda247 is serious about competing with the big players in the edtech space.
Benefits of the Acquisition
The acquisition of Veeksha will provide Adda247 with a number of benefits, including:
- Strengthened test prep offerings: Veeksha’s 3D technology will help Adda247 to create more engaging and interactive learning experiences for students. This will help students to better understand complex concepts and improve their learning outcomes.
- Increased reach: Veeksha has a strong user base of over 1 million students. This will help Adda247 to reach a wider audience and grow its business.
- Competitive advantage: Adda247 will gain a competitive advantage over other edtech companies by acquiring Veeksha’s 3D technology. This will help the company to attract and retain more students.
FAQs
- What is Veeksha?
- Veeksha is a platform that uses 3D technology to create interactive learning experiences. The platform’s content is aligned with the NEET, JEE, and other competitive exams.
- Why did Adda247 acquire Veeksha?
- Adda247 acquired Veeksha to strengthen its test prep offerings and compete with other edtech giants like Byju’s and Unacademy.
- What are the benefits of the acquisition for Adda247?
- The acquisition of Veeksha will provide Adda247 with a number of benefits, including strengthened test prep offerings, increased reach, and a competitive advantage.
Conclusion
The acquisition of Veeksha is a positive move for Adda247. It will help the company to strengthen its test prep offerings, increase its reach, and gain a competitive advantage.
About Adda247
Adda247 is an edtech startup that offers online test prep courses for competitive exams in India. The company was founded in 2016 by Anil Nagar and Saurabh Bansal. Adda247 has over 10 million registered users and is one of the leading edtech companies in India.
About Veeksha
Veeksha is a platform that uses 3D technology to create interactive learning experiences. The platform’s content is aligned with the NEET, JEE, and other competitive exams. Veeksha was founded in 2017 by Gaurishankar Singh and Yash Singh. Veeksha has over 1 million registered users.
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