Indian edtech platform Adda247 acquires test-prep firm StudyIQ

Indian edtech platform Adda247 acquires test-prep firm StudyIQ

Photo: Green Chameleon / Unsplash

Close on the heels of its Series B round, India’s multilingual edtech platform Adda247 has acquired test-prep startup StudyIQ Education for $20 million (around Rs 150 crore) in a cash and stock deal.