Edtech startup Adda247 buys placement preparation platform PrepInsta

Google-backed edtech startup Adda247 has acquired PrepInsta, a placement preparation platform. Financial details of the transaction were not disclosed.

The deal marks Adda247’s entry as an integrated provider of job-focused education and skilling programmes spanning public and private sector jobs.

With this buyout, the startup 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.