Anil Nagar founded the offline education center chain Career Power and EdTech platform Adda 247 with Saurabh Bansal. These two start-ups have helped students, especially from small towns and villages, to crack various competitive exams.
AASHISH KUMAR JHA | Apr 21, 2023 |
Anil Nagar: The Visionary behind Career Power and Adda 247, Revolutionizing India’s Education Landscape
Anil Nagar: Education is one of the most important sectors in any society. It is the key to unlocking opportunities and achieving success in life. However, in India, access to quality education has traditionally been limited to a select few. This is where Anil Nagar comes in. He is the founder of Adda247 and Career Power, two of India’s most successful education startups. With his innovative approach to education, Nagar is revolutionizing the Education landscape in India.
Nagar’s journey to becoming an entrepreneur is an inspiring one. Challenges faced by him during his entrance exam preparation journey inspired him to streamline the competitive education sector of India. When he was preparing for the IIT JEE exam, he got no proper guidance or resources for preparation. Being from a rural background, there was no access to quality education. Even his teachers did not know how to prepare for entrance exams.
Anil Nagar was born in a farming family in a remote village in Uttar Pradesh. He cracked the IIT JEE entrance exam in 1998. Through JEE exam, he got admission into B Tech (Electronics & Communication Engineering) at IIT-BHU. After that, he pursued a PGDBM (Post Graduate Diploma in Business Management) in Marketing & Finance from the Goa Institute of Management (GIM). Upon graduation, he worked as a Business Analyst at Cognizant Technology Solutions for nearly two years.
During his corporate life, he realized that he wants to do something more meaningful with his life. Observing his struggle, he always felt that many people in rural areas and small towns are unable to reach their full potential due to a lack of guidance. Nagar wanted to do something for such people. Around the same time, he met Saurabh Bansal who was also considering entrepreneurial ideas in the field of education. They discovered that their skill sets matched each other’s and, decided to start an entrepreneurial venture in the domain of education. So Nagar quit his job due to which he faced much opposition from his loved ones.
Realizing a significant vacuum in the competitive exam industry, in 2010, Anil Nagar founded Career Power along with Saurabh Bansal. Career Power began as an institute dedicated to assisting graduate students in passing bank recruitment and Staff Selection Commission exams. In the first year, Career Power generated a revenue of Rs 20 lakhs on an investment of Rs 1 lakh. Gradually, Career Power became one of India’s most famous coaching centers for competitive exams.
With the growth of technology and digital platforms in India, Nagar’s focus shifted to expanding into the online teaching industry. He realized that offline coaching centers have limited access and reach. So to provide quality education to aspirants from rural backgrounds and small towns, he launched Adda 247 in 2016 along with Saurabh Bansal. The platform became an instant hit, as it offered high-quality coaching at an affordable price.
Since its inception in 2016, Adda 247 has diversified into multiple web portals such as Bankers Adda, SSC Adda, Teachers Adda, Defence Adda, and others. Today, the pioneering education organization offers online courses for competitive exams like Banking, SSC, Teaching, Defense, GATE, JEE, NEET, UPSC, and state exams. Adda 247 is providing a world-class education to students from Tier II, Tier III, and Tier IV cities apart from students of rural backgrounds. According to Anil Nagar, 85% of its students come from these small cities and rural backgrounds.
Adda 247 has around 22 million (2.2 crores) monthly active users and 2 million (20 lakh) paid users. It provides coaching for more than 500 government exams. The content is available in over 12 vernacular languages so that students from remote areas too can study in their own language. Adda 247 has currently about 1 crore downloads on the Google play store. Its YouTube channel has over 70 lakh subscribers. Seeing the potential and exponential growth, in October 2022, Google and Westbridge invested 35 million dollars in Adda 247.
Career Power too has soared to greater heights since its inception in 2010. According to its official website, Career Power has a track record of the highest selection rate in the industry for the past 6 years. Career Power has approx 100 branches located all over India. His focus on affordability and quality has helped him reach millions of students who otherwise would not have had access to high-quality coaching. He is a true visionary who is making a difference in the lives of millions of young people in India.
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