- Doubtnut, a doubt clearing edtech firm, has raised $50 million in total funding, including a $31 million Series B round in February 2021.
- The company has not focused on monetisation until FY22.
- Sources say that their strategy of hacking growth now and figuring out monetisation later has taken a toll on the company.
- Doubtnut has now raised $2.5 million in an internal round and has slashed costs by 80%.