- Edtech startup Doubtnut raised $31 million in a Series B round in 2021.
- The round was led by SIG, Sequoia, WaterBridge, and ON Mauritius.
- Despite the fundraise, Doubtnut only registered Rs 10 crore in revenue during the financial year ending in March.
- Doubtnut invested Rs 194 Cr to make Rs 10 Cr revenue in FY22.
Doubtnut invests Rs 194 Cr to make Rs 10 Cr revenue in FY22