Doubtnut net worth

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, doubtnut net worth. However, the latest information indicates that the Allen-DoubtNut transaction will predominantly doubtnut net worth equity, with a minor cash component.

Doubt clearing app for various subjects. You are being shown a subset of the data for this profile. Copy Url. Doubtnut company profile. Last updated: March 7,

Doubtnut net worth

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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. Royalty expense also recorded Rs 3. On a unit level, Doubtnut has spent With such high costs, losses of the company also increased 3.

Doubt clearing app for various subjects. You are being shown a subset of the data for this profile. Copy Url. Doubtnut company profile. Last updated: March 9, Claim Profile Suggest Edits Request page removal.

Doubtnut net worth

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 Started his professional career from an edtech startup, Harsh has more than four years of experience with startup ecosystem. He loves to play with numbers, chase data driven stories and coin new terms.

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Insiders familiar with the matter have disclosed that the impending acquisition will comprise a blend of stock and cash transactions. Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table. Allen Career Institute [2]. Discover the stories of your interest. Currently based in Gurugram, he can be reached at [email protected]. In summary, the acquisition of DoubtNut by Allen Career Institute stands as a pivotal development in the Indian ed-tech market. Doubtnut was founded in The financial figures underscore the considerable hurdles the company has encountered in terms of monetization and profitability. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. Co-founder Tanushree Nagori dismissed speculations about potential takeovers in an interview with Entrackr.

Varsha worked as an investment banking analyst at Goldman Sachs before switching to journalism. She started off at Business India and later moved to Forbes India where she writes across industries and companies but has a bias towards startups, technology and the FMCG sector.

Legal Entity Name. Have other questions? Doubtnut was founded in Worry not. Competitive landscape of Doubtnut Doubtnut has a total of competitors and it ranks 1st among them. Doubtnut's latest funding round was on Apr 10, Sonia Sinha , Co-Founder, is a founder of 1 company and on the board of 1 company. Customers Offerings Company. Interactive online tutoring platform. This cost soared 2. Who are the current shareholders of Doubtnut? Market Research. Lupa Systems has previously shown interest in Indian tech enterprises, having invested in Harappa Education and Doubtnut.