February 1, 2020 josh 0 Comments. 55 Number of Organizations • $206.6M Total Funding Amount • 204 Number of Investors. Doubtnut Scholarship Admission Test (DSAT) Doubtnut Scholarship Admission Test (DSAT) will be conducted on 16 Aug 2020 at 2 P.M. Register for DSAT exam & get prepared to crack JEE 2022. Doubtnut (doubtnut.com) is one of the popular websites around the globe. Indian edtech giant Byju’s in talks to acquire Doubtnut for more than $125M Byju’s is in advanced stages of talks to acquire Doubtnut, a two-year-old education learning app, as the Indian edtech giant looks to expand its reach in smaller cities and towns in the world’s second largest internet market. … But … Indian education startup company, Doubtnut, achieves $15 million series A funding from China’s tech giant Tencent. July 12, 2020 July 12, 2020 by tellpopeyes_3cxmhw “If you have a math question, I’m 99% sure it exists in our database,” says Tanushree Nagori. Here For You During COVID-19 NEW! India’s biggest edtech Byju’s wants to acquire newbie startup Doubtnut, say reports. Doubtnut was founded in 2016 and is headquartered in Gurgaon, India. Given a $8-10 Billion revenue industry / 4x — 5x growth estimate by 2025, although Santa has come early in 2020, (s)he would not be disappointed and leave well served with hot … The company raised $15M in a Series A round on Jan 31, 2020. A little over a year later, it is being acquired by Byju's for $100 million. Byju currently have more than 9,000 employees and a revenue of 520 crores INR. In January 2020, Doubtnut raised 15 million in series A funding. Track . By Bernice Clark on February 1, 2020. upGrad’s revenue growth comes as the ed-tech market in India is growing at a fast pace. More: The Economic Times: Doubtnut raises Rs 224 crore in … Revenue: Unknown / Non-Applicable. The development comes as the company is looking to clock $30 Mn average recurring revenue (ARR) by September 2021. The current status of Class 21A Technologies Private Limited is - Active. Rakesh Yadav Readers Publication Recommended for you Avendus Capital acted as the exclusive financial advisor to Doubtnut on this transaction. Vedantu’s former chief business officer Ravi Sekhar joined in as the cofounder of this edtech startup in March 2020. More than 85% of Doubtnut users today come from outside of the top 10 cities in India, said Tanushree Nagori, co-founder of Doubtnut. With 2 Mn DAU, Doubtnut Aims To Clock $30 Mn Average Recurring Revenue By September 2021. India E-Learning Companies . Author Deshi Companies Posted on 13/10/2020 Categories Company Profile Leave a comment on Testbook Company Profile, Wiki, Networth, Establishment, History and More Subject matter experts then create a Khan Academy style video to answer each doubt. India Online Education Market will be US$ 8.6 Billion by 2026. This allows Doubtnut to answer 90 percent of the questions—whether computational in nature or word-based problems—in real time. 30,000 and rate of income tax is 40% . Doubtnut, a Gurgaon-based startup that operates an app to help students learn and master concepts from math and science using short videos, has raised $15 million in a new financing round as it looks to serve more people in small cities and towns of the country. Doubtnut (doubtnut.com) earns money through advertisement platforms and also through the YouTube channel. 4,00,000 , Cost of Revenue from Operations 60% of Revenue from Operation, Operating expense Rs. See what employees say about what it's like to work at DoubtNut. It is hoping to surpass the $100 million mark in revenue by that time. This brings Doubtnut's total funding to $18.9M to date. Given the scenario, dominant players like BYJU’S, Vedantu and Unacademy managed to woo and onboard millions of students across Tier 1 cities. She said that more than half of these students have come online in the last one year. Doubtnut said it has amassed over 13 million monthly active users across its website, app, YouTube, and WhatsApp. Forecast By Segments (Primary and Secondary Supplement, Test preparation, Reskilling and online certifications), Business Model, Technology Innovation, Company Analysis Doubtnut has passed a special resolution to amend its current ESOP scheme and increase the size of the ESOP pool by 293 options, regulatory filings show. Doubtnut, a Gurgaon-based startup that operates an app to help students learn and master concepts from math and science using short videos, has raised $15 million in a new financing round as it looks to serve more people in small cities and towns of the country. Feb 01, 2020 Manish Singh Doubtnut, a Gurgaon-based startup that operates an app to help students learn and master concepts from math and science using short videos, has … Gurugram-based ed-tech startup Doubtnut on Thursday said it had raised ₹ 224 crore in Series B funding led by SIG and Lupa Systems. Class 21a Technologies's operating revenues range is Under INR 1 cr for the financial year ending on 31 March, 2020. 636 Number of Organizations • $3.6B Total Funding Amount • 508 Number of Investors. The company projects a 20x growth in its junior grades, and a 15x growth in its senior grade subscriptions by 2020. Olina Banerji, 30 Jun 2020. The website has a great number of visitors all over the world. It's EBITDA has decreased by -32,082.24 % over the previous year. Other performance and liquidity ratios are available here. Salaries, reviews and more - all posted by employees working at DoubtNut. The financing round, Series A, was led by Chinese giant Tencent. Jobs. Published on Mar 29, 2020 State with reasons whether following are Capital or Revenue Expenditures: (i) Custom duty paid on import of a machinery. Company: Revenue: Users : Valuation: Doubtnut ₹5.5 lakh (FY19) 13 million: $50 million: Byju’s ₹1,341 crore (FY19)₹2,800 crore (FY20) 50 million: $10.5 billion (ii) Wages paid … Existing investors Omidyar … Check below for Doubtnut (doubtnut.com) wiki, Doubtnut (doubtnut.com) revenue, Doubtnut (doubtnut.com) contact details, Doubtnut (doubtnut… Revenue is still expected to grow by 20-25% while the range for EBITDA before special items was raised to DKK 3.2-3.6bn from previously DKK 3.0-3.5bn (2020… AP SSC result 2020 for class 10 declared, all students promoted. Doubtnut leverages technology to make education accessible for all. At the same time, it's book networth has increased by 292.58 %. Class-1 | Maths Spl संख्या पद्धति | 1 Year Validity Batch | By Rakesh Yadav Sir | #Careerwill_App - Duration: 1:23:34. Salaries, reviews and more - all posted by employees working at DoubtNut. Haryana Startups Founded in 2016 . The deal will push Doubtnut’s valuation to over $100 million . The financing round, Series A, was led by Chinese giant Tencent. What made Byju's splash the cash? See what employees say about what it's like to work at DoubtNut. The adoption of edtech platforms was at an all-time high in India after the Covid-19 pandemic mandated physical institutions to stay shut for months. Nvidia beats with Q4 revenue of $5B vs. $4.8B expected, up 61% YoY, data center revenue of $1.9B, ... raises $31M Series B led by James Murdoch's Lupa Systems and SIG — Doubtnut, an Indian startup that helps students learn and master concepts from math and science using short videos … More: The Economic Times and TechCircle. Lists Featuring This Company. Since the company has monetized its business only in 2020, in this short span the company lodged 10x revenue growth. 4. We have created an App using which students can ask study questions in Math by clicking the picture of the problem or concept. Their main investors are Sequoia Capital, Waterbridge, Tencent holdings and Omidyar Network India. Shankar is … Looking at this growth, Doubtnut plans to use this fresh capital to expand its product offering in more Indian languages and curriculum subjects. Jun 29, 2020. www.vccircle.com . Track . Series A funding Compared to seed funding, this type of funding requires the company to have an established market already, and is gaining revenue, but just lacking the additional funding to be profitable. Besides this, it is also looking to monetise its platform by launching new paid courses. We’re inside a giant boardroom, with off-white walls and rows of tables, which double up as writing surfaces. The Gurugram-based startup’s total ESOP pool is now worth Rs 27.3 crore. Besides this, it is also looking to monetise its platform by launching new paid courses. DoubtNut Reviews DoubtNut 45. In FY 2019, Doubtnut had revenues of just over $23,000. Delhi-NCR-based Doubtnut uses image recognition, natural language processing and proprietary machine learning algorithms to provide real-time and video-based vernacular-language solutions to students’ queriesThe startup has raised $19.5 Mn from Waterbridge Ventures, Tencent, Sequoia Surge and Omidyar NetworkDoubtnut is clearing the doubts of students from Tier 2 and Tier 3 … Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in the round. So, By all these qualities Doubtnut makes a place in our list of Top 10 best Edtech Companies in India 2021. Revenue From Operations Rs. Competitors: UNKNOWN. Looking at this growth, Doubtnut plans to use this fresh capital to expand its product offering in more Indian languages and curriculum subjects. 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