Biography of Anil Nagar: Founder & CEO of Adda247 -Educational Field Transformation
Story of Anil Nagar: Transforming Education in India
Anil Nagar is the Founder and CEO of Adda247, a leading
online vernacular learning platform in India. Under his dynamic leadership,
Adda247 has become the largest and fastest-growing multilingual educational
technology platform in the country. It caters to over 80 million students and
aspirants, focusing on the K-12 segment, government job preparations, and
competitive exams like NEET and JEE. Nagar’s vision is to make quality
education accessible across India, bridging linguistic and educational
barriers.
From Rural Roots to IIT-BHU
Anil Nagar's journey began in a rural area of Uttar Pradesh,
where he faced significant educational challenges. Despite these obstacles, his
academic prowess led him to IIT-BHU, where he pursued a B.Tech in Electronics
and Communication Engineering. Following his undergraduate studies, Nagar
earned an MBA in Marketing and Finance from the Goa Institute of Management.
His early exposure to these esteemed institutions marked the beginning of his
commitment to improving education accessibility.
Educational Foundation
Anil Nagar's academic journey began with a Bachelor of
Technology in Electronics and Communication Engineering from the Indian
Institute of Technology (Banaras Hindu University), Varanasi, completed between
1998 and 2002. Following this, he pursued a Post Graduate Diploma in Business
Management (PGDBM) with a focus on Marketing and Finance at the Goa Institute
of Management (GIM) from 2005 to 2007. His education provided him with a solid
foundation in both engineering and business, which has been crucial in his
entrepreneurial endeavors.
The Spark of Entrepreneurship
Nagar’s drive to revolutionize education stemmed from his
own struggles during entrance exam preparations. Faced with inadequate
resources and guidance, he recognized a gap in the competitive education
sector. His personal experiences, combined with a desire to support students
from similar backgrounds, fueled his entrepreneurial spirit. He began to
explore ways to offer better educational support to those in rural and
small-town India.
Biography of Anil Nagar: Founder & CEO of Adda247 -Educational Entrepreneur/ Online Learning Platform/Success story of Anil Nagar/Story of Adda247
Early Career and Transition to Entrepreneurship
Before launching his ventures, Anil Nagar worked as a
Business Analyst at Cognizant Technology Solutions for nearly two years.
However, his desire to make a meaningful impact led him to rethink his career
path. He realized that many individuals from rural areas were not reaching
their potential due to a lack of proper guidance and resources. This insight
motivated him to pursue a more impactful career in education.
Entrepreneurial Drive
Anil Nagar’s transition from a corporate career to
entrepreneurship was driven by his personal challenges with educational
resources during his entrance exam preparations. Recognizing a significant gap
in the competitive education sector, he was motivated to improve access to
quality education for students from rural and underserved areas. This passion
for educational equity led him to co-found Adda247 and Career Power, aiming to
revolutionize how education is delivered and accessed across India.
CEO Role at METIS Eduventures
In addition to his role at Adda247, Anil Nagar is the CEO of
METIS Eduventures Private Limited, a position he has held since February 2012.
His leadership at METIS Eduventures reflects his dedication to educational
ventures and his broad expertise in the field, further complementing his work
with Adda247.
Founding Adda247 and Career Power
In his quest to transform education, Nagar partnered with
Saurabh Bansal to co-found Adda247 and Career Power. They recognized their
complementary skills and shared vision for improving educational access. Nagar
left his corporate job despite facing opposition from family and friends,
driven by his belief in the potential of educational technology to empower
students across India.
The Genesis of Career Power and Adda 247
In 2010, Anil Nagar, along with Saurabh Bansal, identified a
significant gap in the competitive exam industry and launched Career Power. The
institute aimed to help students prepare for bank recruitment and Staff
Selection Commission exams. In its first year, Career Power impressively earned
Rs 20 lakhs from a modest investment of Rs 1 lakh. Over time, it established
itself as a leading coaching center for competitive exams in India.
Expanding into the Digital Realm
As technology and digital platforms began to flourish in
India, Anil Nagar shifted his focus to online education. Observing the
limitations of offline coaching centers, he sought to provide quality education
to students from rural and small-town backgrounds. In 2016, Nagar and Bansal
launched Adda 247, an online platform that quickly gained popularity for
offering high-quality coaching at affordable prices.
The Growth of Adda 247
Since its launch, Adda 247 has expanded into several
specialized web portals like Bankers Adda, SSC Adda, Teachers Adda, and Defence
Adda. It now provides online courses for a wide range of competitive exams,
including Banking, SSC, Teaching, Defense, GATE, JEE, NEET, UPSC, and various
state exams. With a focus on reaching students from Tier II, III, and IV
cities, as well as rural areas, Adda 247 serves about 85% of its students from
these backgrounds. The platform boasts around 22 million monthly active users,
2 million paid users, and has achieved approximately 1 crore downloads on the
Google Play Store. Its YouTube channel is followed by over 70 lakh subscribers.
In October 2022, Google and Westbridge recognized its potential and invested
$35 million in Adda 247.
Diverse Offerings and Expansion
Adda247 is distinguished by its multilingual approach,
catering to a wide range of educational needs. Recently, Adda247 has also
ventured into the K12 segment, targeting students from state boards in smaller
towns and cities. This expansion underscores the company’s commitment to making
quality education accessible to a broader audience.
Under his guidance, Adda247 has grown into one of India’s
largest and most popular education technology companies. Funded by prominent
investors like Westbridge and Infoedge, the platform offers comprehensive
learning solutions across various competitive exams and educational segments.
With over 15 million monthly active users and 2 million paid users, Adda247
continues to address educational needs at the grassroots level, particularly in
Tier II and Tier III cities.
Career Power’s Continued Success
Career Power has also continued to thrive since its
founding, maintaining the highest selection rates in the industry for six
consecutive years. It now operates around 150 branches across India, providing
affordable and high-quality coaching to millions of students. Nagar’s
commitment to enhancing educational access has made a significant impact on the
lives of countless young people in India.
Impact and Vision
Anil Nagar's initiatives, Adda247 and Career Power, reflect
his dedication to creating equitable educational opportunities. His work
addresses the disparities in education by leveraging technology to provide
resources and support to a vast audience. Nagar continues to lead efforts in
reshaping India's educational landscape, ensuring that quality education is
accessible to all, regardless of geographic or linguistic barriers.
Anil Nagar’s leadership at Adda247 has significantly shaped
the educational landscape in India. His work focuses on ensuring that quality
education reaches students regardless of their geographic or linguistic background.
By building a platform that caters to diverse educational needs and expanding
its reach, Nagar continues to drive positive change and provide valuable
resources to millions of learners across the country.
Timeline of Anil Nagar’s story:
1998-2002: Completed B.Tech in Electronics and Communication
Engineering from IIT-BHU.
2005-2007: Pursued PGDBM in Marketing and Finance at the Goa
Institute of Management.
2010: Co-founded Career Power, a competitive exam coaching
institute.
2010: Career Power earned Rs 20 lakhs from an investment of
Rs 1 lakh in its first year.
February 2012: Became CEO of METIS Eduventures Private
Limited.
2016: Launched Adda247, an online vernacular learning
platform.
2016: Adda247 started gaining traction with its affordable
online coaching.
October 2022: Secured $35 million in investment from Google
and Westbridge.
2023: Adda247 boasts 22 million monthly active users and 2
million paid users.
2023: Adda247's YouTube channel has over 70 lakh
subscribers.
2024: Career Power operates around 150 branches across
India.
