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==Funding==
==Funding==
Doubtnut received its first funding of US$100K from Ankit Nagori of Cure.fit in April, 2017.{{source?|date=July 2021}}

In 2019, [[Omidyar Network]] and WaterBridge invested about [[USD|$]]470,000.<ref name="vc">{{cite press release|url=https://www.vccircle.com/waterbridge-omidyar-invest-in-ed-tech-startup-doubtnut|title=WaterBridge, Omidyar invest in ed-tech startup Doubtnut|date=13 March 2018|via=[[VCCircle]]|accessdate=2 March 2019|publisher=Doubtnut}}</ref> In January 2020, the company raised [[USD|$]]15 million in Series A round of funding from Tencent Holdings, and existing investors Sequoia Capital and Omidyar Network India.<ref>{{Cite press release|first=Debjyoti|last=Roy|date=31 January 2020|url=https://www.vccircle.com/byju-s-backer-tencent-leads-series-a-funding-round-in-ed-tech-firm-doubtnut|title=Byju's backer Tencent leads Series A funding in ed-tech startup DoubtNut|publisher=Doubtnut|via=[[VCCircle]]|language=en-US|access-date=2020-02-03}}</ref><ref>{{Cite web|url=http://social.techcrunch.com/2020/02/01/two-year-old-indian-edtech-startup-doubtnut-raises-15m/|title=Two-year-old Indian edtech startup Doubtnut raises $15M|website=[[TechCrunch]]|language=en-US|access-date=2020-02-03|first=Manish|last=Singh|date=1 February 2020}}</ref>
In 2019, [[Omidyar Network]] and WaterBridge invested about [[USD|$]]470,000.<ref name="vc">{{cite press release|url=https://www.vccircle.com/waterbridge-omidyar-invest-in-ed-tech-startup-doubtnut|title=WaterBridge, Omidyar invest in ed-tech startup Doubtnut|date=13 March 2018|via=[[VCCircle]]|accessdate=2 March 2019|publisher=Doubtnut}}</ref> In January 2020, the company raised [[USD|$]]15 million in Series A round of funding from Tencent Holdings, and existing investors Sequoia Capital and Omidyar Network India.<ref>{{Cite press release|first=Debjyoti|last=Roy|date=31 January 2020|url=https://www.vccircle.com/byju-s-backer-tencent-leads-series-a-funding-round-in-ed-tech-firm-doubtnut|title=Byju's backer Tencent leads Series A funding in ed-tech startup DoubtNut|publisher=Doubtnut|via=[[VCCircle]]|language=en-US|access-date=2020-02-03}}</ref><ref>{{Cite web|url=http://social.techcrunch.com/2020/02/01/two-year-old-indian-edtech-startup-doubtnut-raises-15m/|title=Two-year-old Indian edtech startup Doubtnut raises $15M|website=[[TechCrunch]]|language=en-US|access-date=2020-02-03|first=Manish|last=Singh|date=1 February 2020}}</ref>


Revision as of 13:06, 10 December 2023

Doubtnut
Company typePrivate
IndustryOnline Education
Founded1 July 2016 (1 July 2016)
Founders
  • Tanushree Nagori
  • Aditya Shankar[1]
FateActive
Headquarters
Gurugram, Haryana[citation needed]
,
India
Area served
India
ProductsDoubtnut
ParentAllen Career Institute[2]
Websitedoubtnut.com

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.[1]

Operation

The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level.[1][3] 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.[citation needed]

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]

See also

References

  1. ^ a b c 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. 4 December 2023.
  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 3 February 2020 – via VCCircle.
  6. ^ Singh, Manish (1 February 2020). "Two-year-old Indian edtech startup Doubtnut raises $15M". TechCrunch. Retrieved 3 February 2020.
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