Doubtnut invests Rs 194 Cr to make Rs 10 Cr revenue in FY22

Image Credit: Entrackr
  • 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.
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