Doubtnut net worth

Employee benefit expenses formed the biggest cost for the six-year-old company. This cost soared 2. Information Technology IT expenses and legal-professional fees also increased 3.

News: Allen Career Institute, a well-established coaching institute located in Kota, is making headlines with its plans to acquire DoubtNut, an edtech startup that focuses on resolving academic uncertainties. Insiders familiar with the matter have disclosed that the impending acquisition will comprise a blend of stock and cash transactions. Lupa Systems has previously shown interest in Indian tech enterprises, having invested in Harappa Education and Doubtnut. However, the latest information indicates that the Allen-DoubtNut transaction will predominantly involve equity, with a minor cash component. Insiders with close ties to the situation have indicated that DoubtNut has been actively exploring consolidation opportunities for several quarters.

Doubtnut net worth

Quick commerce is the new normal in metros. Same day delivery up next? Sebi wants to rein in fund managers amid bull market. But MFs say they are prepared. Ka-Ching: Global drug makers ride luck in pursuit of blockbuster drugs, vaccines. Stock Radar: V-Guard breaks out from 6-month consolidation to hit fresh highs; time to buy? Choose your reason below and click on the Report button. This will alert our moderators to take action. Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Stock analysis.

Already a Member? Amidst the ongoing surge in the ed-tech industry, this acquisition has the potential to redefine the landscape for both entities, positioning alarmnet as a transformative event in their trajectories. Admit Card, doubtnut net worth.

Doubtnut is available as an Android application on Play Store or by accessing its official website. The platform uses image recognition technologies to provide answers and explanation of mathematical and science questions of highschool to college level. The app extracts text from the image and tries to match it in its database of questions which are pre-answered, having recorded video solutions. If it finds a match, then the result is provided to the user otherwise it asks the user to post their question publicly for tutors available on the platform to provide a video explaining their query. Contents move to sidebar hide. Article Talk.

Edtech startup Doubtnut has raised Rs Doubtnut has allotted 8, series B preference shares at an issue price of Rs , per share to raise Rs Doubtnut allows students to send screenshots of their doubts and offers free video solutions in quick time. Entrackr had exclusively reported the development in October, last year. The company has passed another resolution to increase its ESOP pool to equity options which is now worth nearly Rs 65 crore. In December, it had expanded its ESOP pool by adding nearly fresh equity options to increase the pool size to Rs

Doubtnut net worth

The sale of subscription services is the only source of revenue for Doubtnut. The firm allows students to send screenshots of their doubts and offer free video solutions in quick time. The company also has other income mainly from gains of investment and interest on deposits which surged 5X to Rs 4. On the cost side, employee benefit expenses were the largest cost center for the company forming This cost rose 2. Advertisement and promotional expenses emerged as the second largest spend followed by employee benefits.

Roman reigns height

Claim Profile Suggest Edits Request page removal. Nifty 22, Your Reason has been Reported to the admin. Doubtnut Key Metrics Founded Year Toggle limited content width. Subscribe with Google. Blockchain 5 Stories. Who are the top competitors of Doubtnut? Discover the stories of your interest. How many employees does Doubtnut have? Share this Comment: Post to Twitter. Founder of this company? Information Tech IT. Market Research. Disclaimer: Bareback Media has recently raised funding from a group of investors.

Doubt clearing app for various subjects.

Get in touch. As of Jan 13, 's latest post-round ownership report, Founders hold Doubtnut company profile. Mutual Funds. Disclaimer: Bareback Media has recently raised funding from a group of investors. Tanushree Nagori , Co-Founder, is a founder of 1 company, an Angel investor in 2 companies and on the board of 1 company. Load More. Schedule a demo now! A statement from Allen Career Institute, which is primarily an offline coaching business, said the acquisition will help the tutoring institute build on its technology-led learning solutions. Tech Top 5. About Author. Read Edit View history. In case the solution is not already answered, an expert tutor sends the video solution. When was Doubtnut founded? You may find a list of our investors here.