Emerging Entrepreneurs

Tencent leads ₹107-crore Series A round in Doubtnut

| Updated on February 03, 2020 Published on February 03, 2020

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.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on February 03, 2020
This article is closed for comments.
Please Email the Editor