Edtech Doubtnut posts revenue of Rs 21.7 Cr, expenses drop to Rs 76 Cr

Gurgaon-based edtech startup Doubtnut reported FY23 revenue of Rs 21.7 crore, marking growth from the previous year. Despite increased revenue, expenses and losses significantly dropped. Valued at Rs 1162 crore, it raised Rs 19.3 crores from operations. Co-founders own substantial shares, and Tencent controls 12%. The company was recently acquired by edtech veteran Allen, competing with others like Classplus and Leverage Edu.

#Doubtnut #thekredible #Edtech #Insight #Data #Startup #News #StartupNews

https://thekredible.com/blogs/edtech-doubtnut-posts-revenue-of-rs-21-7-cr-expenses-drop-to-rs-76-cr
Edtech Doubtnut posts revenue of Rs 21.7 Cr, expenses drop to Rs 76 Cr Gurgaon-based edtech startup Doubtnut reported FY23 revenue of Rs 21.7 crore, marking growth from the previous year. Despite increased revenue, expenses and losses significantly dropped. Valued at Rs 1162 crore, it raised Rs 19.3 crores from operations. Co-founders own substantial shares, and Tencent controls 12%. The company was recently acquired by edtech veteran Allen, competing with others like Classplus and Leverage Edu. #Doubtnut #thekredible #Edtech #Insight #Data #Startup #News #StartupNews https://thekredible.com/blogs/edtech-doubtnut-posts-revenue-of-rs-21-7-cr-expenses-drop-to-rs-76-cr
THEKREDIBLE.COM
The Kredible | Blogs
Gurgaon-based edtech startup Doubtnut witnessed a revenue of Rs 21.7 crore in FY23 with expenses amounting to Rs 98 crore.
0 Comments 0 Shares 1654 Views
Sponsored
Share this