Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 24 2019

Online learning platform DoubtNut raises Fresh Round of Funding

The fresh capital will be used by the company to deepen and widen its product offerings in terms of subjects, languages and classes and expand its team.

Online learning platform DoubtNut raises Fresh Round of Funding

DoubtNut, a multi-lingual online learning platform, has raised a fresh round of funding led by Surge, an initiative by Sequoia India. The round has also seen participation from existing investors, including WaterBridge Ventures and Omidyar Network India, and new investor, AET, Japan.

The fresh capital will be used by the company to deepen and widen its product offerings in terms of subjects, languages and classes and expand its team.

DoubtNut was launched by Tanushree Nagori and Aditya Shankar in October 2017.

Tanushree Nagori, Co-Founder of DoubtNut, said, “DoubtNut is on a mission to democratize education. 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.”

Sarbvir Singh, Managing Partner, WaterBridge Ventures, stated, “We remain very excited about Aditya and Tanushree’s vision of building a student first, inclusive education platform catering to all Indians. DoubtNut has made a lot of progress over the last year and we have no doubt that the best is yet to come.”

Namita Dalmia, Principal, Investments, Omidyar Network India, remarked, “DoubtNut has the potential to create meaningful, the equitable impact for millions of underserved students in India. 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. Their passion led them to launch the app in 12 vernacular languages in a really short time and creating relevant learning journeys for the next half billion users.”

Yuki Kawamura, Principal, and Head of India Investments, AET Fund, added, “We’re thrilled to join the journey of DoubtNut. Our belief is that video is the key content medium for next 500m digital content consumers and DoubtNut will be a great service for vernacular students who want to be prosperous. The partnership between Tanushree and Aditya who have great experience in education and AET who has expertise in the content will enable accelerating the growth of DoubtNut.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: Partner with Cafe Frespresso and be part of the..
    Locations looking for expansion Gujarat
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater vapi Gujarat
  • Quick Service Restaurants
    About Us: Grill Masters started its first outlet in August 2015..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Yamuna Nagar Haryana
  • Preschools
    About Us: UC Kindies is a Malaysian based corporation with an..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Ice Creams & Yogurt Parlors
    About Us: Iceberg Icecreams is the best-tasting brand in India. With..
    Locations looking for expansion Andhra pradesh
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Andhra pradesh
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities