Doubtnut raises INR 224 crore from SIG and Lupa Systems

Doubtnut, a leading K12 education technology platform for students, has raised an investment of INR 224 crore from SIG and Lupa Systems.
jio-for-studentsExisting 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.