970*90
768
468
mobile

Online learning platform DoubtNut raises Fresh Round of Funding

Franchise India Bureau
Franchise India Bureau Apr 24 2019 - 2 min read
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.

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.”

Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities
Entrepreneur Magazine

For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you

or Click here to Subscribe Online