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Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. “Doubtnut is truly democratizing education across India. © 2020 Techstory Media Pvt Ltd Contact : Health-tech Startup mfine raises $17.2 million in Series B Funding, CleanMax Solar raises ₹275 crores in Equity Funding from UK Climate Investments, ‘SUPER APP’ to get $25B investment from Walmart: Joint Venture between Walmart and Tata Group, TOP APPLE SUPPLIERS TO FUND $900 MILLION TO INDIAN SMARTPHONE INCENTIVE PLAN, WM Motor Raises USD 1.5 Billion in China’s EV Startup, AMAZON AND SAMARA CAPITAL INVEST 275CR INTO MORE SUPERMARKET CHAIN, FACTRIS, A DUTCH FINTECH STARTUP RAISES €5M, INSURTECH START-UP ACKO RAISED $60 MILLION, Apple’s next iPhone launch scheduled for 13th October, Top 5 investors in Indian startups in 2020, Tips On Choosing First Toys For Your Little One. Ed-tech startup DoubtNut has raised $3.3 million in fresh round of funding. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. If answers aren’t there students can post their questions for the online tutors to answer. I am hopeful that Doubtnut will use this funding to expand this initiative and reach more students. As per the company’s statement, the fresh funds will be utilised to widen its pan-India distribution to reach more users through its multilingual approach, build a bigger content library to retain users as their lessons progress and invest in strengthening its technology stack and scaling its team. Doubtnut said it has amassed over 13 million monthly active users across its website, app, YouTube, and WhatsApp . More than 85% of Doubtnut users today come from outside of the top 10 cities in India, said Tanushree Nagori, co-founder of Doubtnut. Incepted in 2017 by Tanushree Nagori and Aditya Shankar, Doubtnut offers free solutions to users who send snapshots of their doubts over the platform. NEW DELHI: DoubtNut, a multi-lingual online learning platform has received Rs 23 crore ($3.3 million) as part of fresh round of investment.The round was led by Surge, an initiative by Sequoia India, with participation from existing investors WaterBridge Ventures & Omidyar Network India and new investor, AET, Japan. First, a bit about Doubtnut and its e-learning platform, Doubtnut has resolved over 250 million queries so far, Tencent will add immense value to our journey, says co-founder. This gives us an indication that despite a massive growth is our user base, there is still a significant target audience that is yet to be tapped.”. The company in a statement today stated that they are planning to deploy the fresh funds … You can connect with our newsdesk at newsdesk@hrnxt.com. Click edit button to change this text. HrNxt.com is the trusted platform for news and insights related to hr, training, leadership, future of work, jobs, careers, career transitions. Doubtnut, an educational startup, raised $15 Million in a Series A funding round. A student can take a picture of the problem, and share it with Doubtnut through its app, website, or WhatsApp and get a short video that shows the answer and walks them through the procedure to tackle it. The series A … If you notice any content that appears incorrect, or if you have any issues with a content please write to us. HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. Tanushree and Aditya’s insights came from their own experience where despite great teaching, they were not able to cater to individual doubt resolutions of students without turning to technology,” said Namita Dalmia, Principal, Investments, Omidyar Network India. Copyright Reserved: The contents contained in this website are copyright protected. Tanushree Nagori, added, “We are using technology to solve for the students’ biggest pain point and aim to provide a comprehensive education solution to all students in the language and in the manner that they understand the best.”. You can connect with us at hello (at) hrnxt.com. Please subscribe to StartupLanes email updates by filling up your email in the subscribe text box at the right side of footer (at bottom). View all posts by HrNxt Newsdesk →, Tags:Aditya Shankar Doubtnut fundraising Series A funding round Startup funding Tanushree Nagori tencent. This startup is based in Gurugram. He is the author of International Bestseller 'Startup Easy' and Founder, CEO of StartupLanes.com. Oops some error happened! The EdTech sector has a lot of untapped potential. The online model makes learning accessible to students. The app allows students from sixth grade to high-school solve and understand math and science problems in local languages. Doubtnut is an excellent platform to impart knowledge to students of senior classes and even help them prepare for entrance exams. Multilingual instant doubt clearing app Doubtnut has secured $15 million in a Series A funding round led by Tencent. Bambrew secured pre-seed round led by Upsparks, Omnify secured Pre-Series A round from Sequoia Scout and AngelList, MikeLegal secured seed round from SOSV, Artesian, Google Pixel 4a and Nest speaker launched in India, Online Pharmacy PharmaEasy might soon receive $200 Million. Funding. Akatsuki Entertainment Technology Fund (AET Fund), the investment arm of Japanese gaming company Akatsuki Inc also participated in the funding round. Doubtnut, an Edtech startup, has raised $15 million in Series A round of funding led by Tencent. It then matches the problem with pre-recorded content in its database, and provides video-based solutions within 10 seconds. The funding round was led by Surge, an initiative by Sequoia India. Home / News, Startup / Doubtnut Received $15 Million Funding. Existing investors Omidyar Network India, Japan-based Akatsuki Entertainment Fund and Curefit founder Ankit Nagori along with Sequoia Capital India also took part in the fresh round of funding. Lorem ipsum dolor sit amet, consectetur adipiscing elit. You are welcome to quote with proper attribution. It is a multilingual platform that uses artificial intelligence and machine learning to help students.

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