BENGALURU: Gurugram-based K-12 edtech startup Doubtnut said it has raised Rs224 crore in a Series B funding round from SIG and Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India, and Waterbridge Ventures also participated in the round. Doubtnut will use the funds to expand into more languages and subjects as well as launch new paid courses. “Doubtnut has been built with a vision to improve learning outcomes for all students, especially those outside the major Indian cities. More than 2.5 million daily active users spend 600 million minutes per month on Doubtnut platforms, the company claims.

Source: Mint February 25, 2021 11:36 UTC