About Doubtnut
Doubtnut is a company based in Gurugram (India) founded in 2016 by Ravi Sekhar KV, Tanushree Nagori, and Aditya Shankar was acquired by Allen Career Institute in December 2023. Doubtnut has raised $53.71 million across 8 funding rounds from investors including Tencent, Akatsuki and Peak XV Partners. The company has 7,669 employees as of December 10, 2024. Doubtnut offers products and services including Doubt Solving App and Video Solutions. Doubtnut operates in a competitive market with competitors including simpleclub, Hellosaurus, Maqsad, EducUp and Geek Express, among others.
- Headquarter Gurugram, India
- Employees 7669 as on 10 Dec, 2024
- Founders Ravi Sekhar KV, Tanushree Nagori, Aditya Shankar
- Stage Minicorn
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Sectors
Education
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Class 21A Technologies Private Limited
- Jurisdiction Kota, Rajasthan, India
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Annual Revenue
$405.75 M (USD)46.94as on Mar 31, 2024
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Net Profit
$15.88 M (USD)-68.29as on Mar 31, 2024
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EBITDA
$46.9 M (USD)-32.06as on Mar 31, 2024
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Total Equity Funding
$53.71 M (USD)
in 8 rounds
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Latest Funding Round
$2.5 M (USD), Series B
Apr 10, 2023
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Investors
Tencent
& 29 more
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Employee Count
7669
as on Dec 10, 2024
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Acquired by
Allen Career Institute
(Dec 04, 2023)
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Products & Services of Doubtnut
Doubtnut offers a comprehensive portfolio of products and services, including Doubt Solving App and Video Solutions.
App that uses AI to provide video solutions for student queries.
Pre-recorded tutorials for NCERT and exam preparation topics.
Funding Insights of Doubtnut
Doubtnut has successfully raised a total of $53.71M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.5 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Doubtnut
Doubtnut has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tencent, Akatsuki and Peak XV Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investing in technology, digital culture, governance, and business initiatives.
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Early-stage tech investments are focused on by WaterBridge in India.
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Venture capital firm investing in startups and providing support programs.
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Investor details for Doubtnut
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Doubtnut
Investment portfolio details for Doubtnut
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- Transaction dates
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Financial Statements - Doubtnut
Detailed financials for Doubtnut
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- Profit trends
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Doubtnut Comparisons
Peer comparison for Doubtnut
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Doubtnut
Doubtnut operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as simpleclub, Hellosaurus, Maqsad, EducUp and Geek Express, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a learning application for school children
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Provider of learning platform for kids
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Multi-disciplinary learning solutions are delivered via a student-focused app.
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Offers accredited online courses for mental health, insurance, and real estate professionals.
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Online platform providing coding and STEM classes
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Detailed competitors of Doubtnut
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Latest news on Doubtnut
Complete news archive for Doubtnut
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Frequently Asked Questions about Doubtnut
Doubtnut was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Doubtnut is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Aditya Shankar is the current CEO of Doubtnut. They have also founded this company.
Doubtnut is a funded company, having raised a total of $53.71M across 8 funding rounds to date.
As of Dec 10, 2024, the latest employee count at Doubtnut is 7,669.
Annual revenue of Doubtnut is $405.75M as on Mar 31, 2024.
Founded in 2016 in Gurugram, India, the company operates in the EdTech sector. Doubts in subjects such as mathematics, science, physics, and chemistry are addressed through a mobile app. Questions are uploaded by photographing them, then matched against a repository of pre-recorded video solutions. Unmatched queries are solved by expert tutors who provide custom video responses. Access to a history of resolved doubts is maintained for users.
Doubtnut's top competitors include Hellosaurus, simpleclub and Maqsad.
Doubtnut offers Doubt Solving App and Video Solutions.
Doubtnut has 30 investors. Key investors include Tencent, Akatsuki, Peak XV Partners, Allen Career Institute, and Vistra ITCL.
The valuation of Doubtnut is $153.33M as of Jan 2022.