Doubtnut net worth

Employee benefit expenses formed the biggest cost for doubtnut net worth 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.

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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, having invested in Harappa Education and Doubtnut. However, the latest information indicates that the Allen-DoubtNut transaction will predominantly involve equity, with a minor cash component. Insiders with close ties to the situation have indicated that DoubtNut has been actively exploring consolidation opportunities for several quarters. Co-founder Tanushree Nagori dismissed speculations about potential takeovers in an interview with Entrackr. For the fiscal year , DoubtNut disclosed earnings of Rs 10 crore, accompanied by expenditures amounting to Rs crore. The financial figures underscore the considerable hurdles the company has encountered in terms of monetization and profitability. With the entrance of Allen Career Institute as the new owner, the focus now shifts to how they will leverage their resources and expertise to navigate these challenges and propel DoubtNut towards a path of success. In summary, the acquisition of DoubtNut by Allen Career Institute stands as a pivotal development in the Indian ed-tech market. Amidst the ongoing surge in the ed-tech industry, this acquisition has the potential to redefine the landscape for both entities, positioning it as a transformative event in their trajectories. A: DoubtNut is an edtech startup that specializes in addressing doubts. A: DoubtNut has struggled with establishing a sustainable business model and achieving profitability. Who is Karina Aespa? Did She Get Plastic Surgery?

Sonia SinhaCo-Founder, is a founder of doubtnut net worth company and on the board of 1 company. 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. Allen Career Institute on Monday said it has acquired problem-solving platform Balhuticaris voltae for an undisclosed amount.

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. Article Talk. Read Edit View history.

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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

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Interactive online tutoring platform. The app matches with a repository of already answered questions and displays the video solution. Get a deep dive into Doubtnut's funding rounds. Same day delivery up next? Categories : Science websites Organisations based in Gurgaon Indian educational websites Educational math software Online tutoring Education companies of India Distance education institutions based in India E-learning in India Educational technology companies of India establishments in Haryana Indian companies established in Get Company Profile. View details of Doubtnut's Founder profiles and Board Members. Avail Offer. Doubtnut is associated with 1 legal entity given below:. Rs 49 for 1st month. Follow us. ML 8 Stories. Ka-Ching: Global drug makers ride luck in pursuit of blockbuster drugs, vaccines. Co-founder Tanushree Nagori dismissed speculations about potential takeovers in an interview with Entrackr.

Edtech startup Doubtnut has raised Rs Doubtnut has allotted 8, series B preference shares at an issue price of Rs , per share to raise Rs

On a unit level, Doubtnut has spent Retrieved 2 March — via VCCircle. Nifty 22, Sonia Sinha , Co-Founder, is a founder of 1 company and on the board of 1 company. Retrieved 10 December Download the list for free. 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. Facebook-f Twitter Linkedin-in Instagram. Competitive landscape of Doubtnut Doubtnut has a total of competitors and it ranks 1st among them. What does Doubtnut do? When was the latest funding round of Doubtnut? The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level. Doubtnut Key Metrics Founded Year Retrieved 2 March