Doubtnut, a leading K12 education technology platform for students, has raised an investment of INR 224 crore from SIG and Lupa Systems.
Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in the round.
Doubnut is a multi-lingual doubt-solving platform that uses artificial intelligence and machine learning for image recognition, natural language processing and proprietary algorithms to provide video-based solutions.
Doubnut will use the funds to expand the product into more languages and curriculum subjects and to launch new paid courses.