Adda247 has laid off nearly 20 per cent of its workforce as the Gurugram-based edtech company restructures operations ahead of a planned initial public offering and tighter cost-management efforts.
The job cuts reportedly impacted employees across product and content teams as the company implemented broader structural changes within the organisation. Despite the layoffs, Adda247 said it would continue selective hiring in key areas.
The development comes at a time when the online test- preparation startup is facing slower business growth and rising financial pressure across the edtech sector.
According to reported financial figures for FY25, Adda247’s operating revenue declined marginally by 1 per cent year-on-year to around Rs 220 crore, or nearly $22.9 million. At the same time, the company’s losses widened slightly to approximately $10.9 million compared to $10.6 million in the previous financial year.
The company, which focuses on competitive exam preparation and government job test coaching, has been among the prominent players in India’s digital education market. Adda247 is backed by Google and last raised $35 million in funding in 2021.
The layoffs reflect a broader trend across India’s startup and edtech ecosystem, where companies are increasingly prioritising profitability, operational efficiency and leaner structures after years of aggressive expansion.
For Adda247, the restructuring appears aimed at improving operational efficiency while positioning the company for its next phase of growth amid a more cautious funding and investment environment.
