Doubtnut net worth

Doubt clearing app for various subjects. You are being shown a subset of the data for this profile. Copy Url.

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

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. 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. Co-founder Tanushree Nagori dismissed speculations about potential takeovers in an interview with Entrackr. For the fiscal year , DoubtNut disclosed earnings of Rs 10 crore, accompanied by expenditures amounting to Rs crore. The financial figures underscore the considerable hurdles the company has encountered in terms of monetization and profitability. With the entrance of Allen Career Institute as the new owner, the focus now shifts to how they will leverage their resources and expertise to navigate these challenges and propel DoubtNut towards a path of success. In summary, the acquisition of DoubtNut by Allen Career Institute stands as a pivotal development in the Indian ed-tech market. Amidst the ongoing surge in the ed-tech industry, this acquisition has the potential to redefine the landscape for both entities, positioning it as a transformative event in their trajectories. A: DoubtNut is an edtech startup that specializes in addressing doubts. A: DoubtNut has struggled with establishing a sustainable business model and achieving profitability.

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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.

Doubtnut net worth

Doubt clearing app for various subjects. You are being shown a subset of the data for this profile. Copy Url. Doubtnut company profile.

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Admit Card. Follow us. ML 8 Stories. Inc42 Media. Claim your Profile Free. Is Doubtnut a public company? Start using Tracxn for free Sign up now. Disclaimer: Bareback Media has recently raised funding from a group of investors. Ergos gross revenue crosses Rs Cr in FY23; losses stagnant. It offers various school subjects such as maths, science, physics, chemistry, etc. Customers Offerings Company. E-comm 9 Stories. To see full employee count trend, talk to us! Study In India. Sonia Sinha , Co-Founder, is a founder of 1 company and on the board of 1 company.

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View details and comparison of Doubtnut's Competitors. Ka-Ching: Global drug makers ride luck in pursuit of blockbuster drugs, vaccines. Are you a Founder and looking to raise funds for your startup? Continue reading with one of these options:. Copy Url. The Economic Times daily newspaper is available online now. Get Company Profile. Tech Top 5. Claim Profile Suggest Edits Request page removal. Insiders with close ties to the situation have indicated that DoubtNut has been actively exploring consolidation opportunities for several quarters. Its current company stage is Acquired.