This Indian Education App Aimed at Small Cities Raises $15 Million
Instruction is the most basic correct of every individual. With a literacy charge per unit of just 74%, India is far behind than many developing countries. To help the growth of education, many start-ups similar Unacademy, Byju's and Vedanutu accept taken matters into their easily.
A like edtech start-up from Gurgaon made an app to help students understand math and science concepts using brusk videos. The app is called Doubtnut it raised a whopping $15 million in a new financing round. With this huge financing round, this two-twelvemonth-onetime beginning-up is hoping to serve more people in small cities of the country.
How the App Works
Doubtnut is an app that helps students from sixth-grade to high school understand and solve math and science issues essentially in local languages. The app uses the photographic camera of the smartphone to take a picture of the trouble. Then it uses machine learning and image recognition to provide a solution in the class of a short video. A educatee tin can click a moving picture of the trouble and share information technology via the Doubtnut app, website, Youtube or WhatsApp. This volition provide them with a brusk video that volition show the steps required to tackle the trouble.
The offset-up said that it has already gained more than 13 1000000 active users beyond all of its platforms. Most of its users are from small cities and towns of the country excluding the tiptop ten metro cities, according to Tanushree Nagori, the co-founder of Doubtnut. She also added that one-half of the users have come online last twelvemonth only.
The start-up got the Series A funding from Chinese giants and PUBG developers, Tencent. Existing investors include Omidyar Network India, AET Japan, Ankit Nagori (founder of fitness commencement-upward Cure.Fit) and Sequoia Upper-case letter India, who also participated in the financing round. After the contempo financing round, the two-year-old start-up has raised $18.5 million and is valued at around $50 million.
As the edtech start-ups continue to progress, the popularity of Doubtnut shows how the Indian didactics system is irresolute with recent developments in tech. At present students do not need to accept an external tutor to clear their doubts. Platforms like Byju's (valued at $8 billion), Unacademy and GradeUp have shown immense growth in recent times. The emergence of these start-ups may change the way of educating students equally those who cannot afford an external tutor can clear their doubts through these education platforms for free.
Source: https://beebom.com/indian-education-app-small-cities-raises-15-million/
Posted by: brownnowerve.blogspot.com
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