Doubtnut net worth

News: Allen Career Institute, a well-established coaching institute located in Kota, is making headlines with its plans to acquire DoubtNut, an edtech startup that focuses on resolving academic uncertainties. Insiders familiar with the matter have disclosed that the impending acquisition will comprise a blend of stock and cash transactions. Lupa Systems has previously shown interest in Indian tech enterprises, doubtnut net worth, having invested in Harappa Education and Doubtnut. However, the latest information indicates that the Allen-DoubtNut doubtnut net worth will predominantly involve equity, with a minor cash component.

Employee benefit expenses formed the biggest cost for the six-year-old company. This cost soared 2. Information Technology IT expenses and legal-professional fees also increased 3. Royalty expense also recorded Rs 3. On a unit level, Doubtnut has spent

Doubtnut net worth

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Doubtnut is available as an Android application on Play Store or by accessing its official website. The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level. 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. Contents move to sidebar hide.

Doubt clearing app for various subjects. You are being shown a subset of the data for this profile. Copy Url. Doubtnut company profile. Last updated: March 9, Claim Profile Suggest Edits Request page removal. Doubtnut Key Metrics Founded Year Location Gurgaon, India.

Doubtnut net worth

Varsha worked as an investment banking analyst at Goldman Sachs before switching to journalism. She started off at Business India and later moved to Forbes India where she writes across industries and companies but has a bias towards startups, technology and the FMCG sector. She was a national level athlete and now enjoys running half marathons. Three months ago, he happened to run an internet search for a mathematical concept he wanted clarity on and chanced upon a video by Doubtnut on YouTube. It gave him a step-by-step solution to his query. The IIT-Delhi alums worked in strategy and consulting across India and the US for a few years before setting up Class 21A in , where they taught math and science to students between class 9 and They came up with a quick-fix solution. Since students were already acquainted with the topic at hand having been taught at school , Nagori and Shankar encouraged them to list out their queries before their scheduled 21A session.

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Please help improve this article by adding citations to reliable sources. With such high costs, losses of the company also increased 3. Start using Tracxn for free Sign up now. He loves to play with numbers, chase data driven stories and coin new terms. Limited Access. Copy Url. News: Allen Career Institute, a well-established coaching institute located in Kota, is making headlines with its plans to acquire DoubtNut, an edtech startup that focuses on resolving academic uncertainties. Download Now! Insiders with close ties to the situation have indicated that DoubtNut has been actively exploring consolidation opportunities for several quarters. Facebook-f Twitter Linkedin-in. Who are the current shareholders of Doubtnut? What is the annual revenue of Doubtnut?

The sale of subscription services is the only source of revenue for Doubtnut. The firm allows students to send screenshots of their doubts and offer free video solutions in quick time. The company also has other income mainly from gains of investment and interest on deposits which surged 5X to Rs 4.

Currently based in Gurugram, he can be reached at [email protected]. Find Next Round Investors Free. Claim Profile. Doubtnut is not a Public company. Unlock this story and enjoy all members-only benefits. Who are the current shareholders of Doubtnut? Students can click a picture of the question and upload it on the app. Exclusive Student Only Offer. Online Education. The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level. Newsletters Full Stack. Continue reading with one of these options:. List your Fundraising Requirement. Doubtnut is located in Gurgaon, India. Kunal Manchanada March 8,