Comments
Tencent has led a ₹107-crore ($15 million) Series A round of investment in Doubtnut, an instant doubt clearing app that uses AI, with participation from existing investors Omidyar Network India, AET, Japan and Ankit Nagori, Co-founder Cure.Fit and Sequoia Capital India.
The company had raised a pre-Series A round in March 2019 in a round led by Surge, Sequoia Capital India’s scale-up programme, Waterbridge Ventures, Omidyar and AET. Doubtnut, which has more than 1.2 million daily users, will use the money to widen its pan-India distribution, build content repository and invest in strengthening its technology stack and increasing team size.
Doubtnut caters to K12, IIT JEE, NEET students. It is a multi-lingual online learning platform that uses AI and ML for image recognition, natural language processing and proprietary machine learning algorithms to provide video-based solutions to students’ queries.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.