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Doubtnut

From EverybodyWiki Bios & Wiki

Doubtnut
Private
ISIN🆔
IndustryOnline Education
FateActive
Founded 📆1 July 2016 (2016-07-01)
Founders 👔
  • Tanushree Nagori
  • Aditya Shankar[1]
Headquarters 🏙️, ,
Area served 🗺️
India
Products 📟 Doubtnut
Members
Number of employees
ParentAllen Career Institute[2]
🌐 Websitewww.doubtnut.com
📇 Address
📞 telephone

Doubtnut is an Indian educational app.

History

Doubtnut was founded by Tanushree Nagori and Aditya Shankar.

Operation

The platform uses image recognition technologies to provide answers and explanations of mathematical and science questions of high school to college level.[1][3]

The app is available for Android or iOS.[1]

Funding

In 2019, Omidyar Network and WaterBridge invested about $470,000.[4] In January 2020, the company raised $15 million in Series A round of funding from Tencent Holdings, and existing investors Sequoia Capital and Omidyar Network India.[5][6]

In 2022, the company secured 224 crore in Series B funding, with SIG and Lupa Systems leading the investment.[7]

On December 4, 2023, Allen Career Institute acquired Doubtnut for US$10 million.[8]

See also

References

  1. 1.0 1.1 1.2 1.3 Meghani, Varsha (13 July 2018). "Doubtnut: Doing more than maths". Forbes India. Retrieved 2 March 2019.
  2. "Allen Career Institute acquires Doubtnut". The Times of India (Press release). 4 December 2023 – via The Times of India.
  3. Kumar, Ravi Prakash (1 April 2018). "Doubtnut gives students free video solution to their maths problems". Business Standard India. Retrieved 2 March 2019.
  4. "WaterBridge, Omidyar invest in ed-tech startup Doubtnut" (Press release). Doubtnut. 13 March 2018. Retrieved 2 March 2019 – via VCCircle.
  5. Roy, Debjyoti (31 January 2020). "Byju's backer Tencent leads Series A funding in ed-tech startup DoubtNut" (Press release). Doubtnut. Retrieved 2020-02-03 – via VCCircle.
  6. Singh, Manish (1 February 2020). "Two-year-old Indian edtech startup Doubtnut raises $15M". TechCrunch. Retrieved 2020-02-03.
  7. "Ed-tech startup Doubtnut raises ₹224 crore in latest funding" (Press release). 2021-02-25. Retrieved 2023-12-10 – via Hindustan Times.
  8. Sarkar, Gargi (2023-12-04). "Allen Acquires Peak XV-Backed Doubt-Solving Edtech Platform Doubtnut". Inc42 Media. Retrieved 2023-12-10.


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