Adda24-Owned StudyIQ’s Cofounder Gaurav Garg Steps Down

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SUMMARY

Since Adda247’s acquisition of StudyIQ in December 2021, Garg was serving as the managing director of the edtech platform he cofounded

Founded in 2015, StudyIQ primarily caters to students preparing for UPSC and State PSC exams. The startup was acquired by Adda247 in a $20 Mn cash and stock deal

StudyIQ saw its revenues more than double YoY to INR INR 76.7 Cr in FY24, while losses declined 24% YoY to INR 27.4 Cr during the fiscal under review

StudyIQ cofounder and…



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Adda24-Owned StudyIQ’s Cofounder Gaurav Garg Steps Down


SUMMARY

Since Adda247’s acquisition of StudyIQ in December 2021, Garg was serving as the managing director of the edtech platform he cofounded

Founded in 2015, StudyIQ primarily caters to students preparing for UPSC and State PSC exams. The startup was acquired by Adda247 in a $20 Mn cash and stock deal

StudyIQ saw its revenues more than double YoY to INR INR 76.7 Cr in FY24, while losses declined 24% YoY to INR 27.4 Cr during the fiscal under review

StudyIQ cofounder and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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