Doubtnut Explained

Doubtnut
Fate:Active
Type:Private
Area Served:India
Industry:Online Education
Founders:
  • Tanushree Nagori
  • Aditya Shankar
Location City:Gurugram, Haryana
Location Country:India
Products:Doubtnut
Parent:Allen Career Institute[1]

Doubtnut is an Indian educational app started by Tanushree Nagori and Aditya Shankar. Doubtnut is available as an Android application on Play Store or by accessing its official website.

On December 4, 2023, Allen Career Institute acquired Doubtnut for US$10 million.[2] [3]

Operation

The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level.[4] [5] To find the solution to a question, one has to upload an image depicting the question. The app extracts text from the image and tries to match it in its database of questions which are pre-answered, having recorded video solutions. If it finds a match, then the result is provided to the user otherwise it asks the user to post their question publicly for tutors available on the platform to provide a video explaining their query.

Funding

In 2019, Omidyar Network and WaterBridge invested about $470,000.[6] 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.[7] [8]

In 2022, the company secured 224 crore in Series B funding, with SIG and Lupa Systems leading the investment. Existing investors, including Sequoia Capital India, Omidyar Network India, and Waterbridge Ventures, also participated in the round.[9]

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

See also

Notes and References

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