Back

Udyamee

Baki sab thik ?ย โ€ขย 1y

๐—ช๐—ต๐—ฎ๐˜ ๐—ช๐—ฒ๐—ป๐˜ ๐—ช๐—ฟ๐—ผ๐—ป๐—ด: ๐—ช๐—ถ๐˜๐—ต ๐——๐—ผ๐˜‚๐—ฏ๐˜๐—ป๐˜‚๐˜?๐Ÿง A good idea makes no sense if you can't monetize it. Founded in 2016, Doubtnut was a brilliant idea solving student problems in a way no other edtech in India was doing. The concept for the app was simple yet brilliant, an app that provide video solutions to student questions within minutes. During COVID-19, the app witnessed huge growth, reaching over 50 million users and raising almost $52.4 million in funding. So what went wrong? > Failed to monetize: The company failed to monetize its 50 million user base. > ChatGPT : Faster doubt-solving options. You talk about your job, AI is taking over entire company.๐Ÿคก > Funding Issue : Aggressive expansion during COVID and no funding post COVID. Rest is Byjus!! The end: At its peak, the company was offered $150 million for an acquisition from Byju's and Unacademy, but the founders were bullish on their growth and rejected the offer. Later acquired by Allen for just 10m๐Ÿ“‰.

13 Replies
17
Replies (13)

More like this

Recommendations from Medial

Image Description

Mahendra Lochhab

Content creatorย โ€ขย 1y

As of early 2024, India had 751.5 million internet users, which is 52.4% of the country's population and ranks India second in the world for active internet users.

1 Reply
4
Image Description
Image Description

Applyly

Hey I am on Medialย โ€ขย 1y

AdvantageClub.ai raises $4 Million Funding: Details and Future Plans AdvantageClub.ai, an employee engagement platform, has raised $4 million in fresh funding. Axilor Ventures led the funding round. Other investors included AFG Ventures, Bytez Ventu

See More
2 Replies
6
Image Description
Image Description

Harshajit Sarmah

Founder & Editor of ...ย โ€ขย 1y

San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creatorsโ€™ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi

See More
4 Replies
3
12
Image Description
Image Description

Mohammed Zaid

building hatchup.aiย โ€ขย 1y

Bengaluru-based healthcare company Even Healthcare has wrapped up its Series A funding round after raising $30 million (around Rs 250 crore) as it aims to boost its hospital operations. The funding round was led by existing investor Khosla Venture

See More
3 Replies
2
8
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 1y

Why Did Webvan, a Grocery Delivery Platform failed So, it was 1996. The internet was expanding as crazy, and every dot-com company was raising millions with nothing but an idea. Louis Borders decided to jump on this trend and thus started Webvan.

See More
10 Replies
5
16

Comet

#freelancerย โ€ขย 1y

CHOSEN, a startup that specializes in skincare and is located in Chennai, has successfully raised $1.2 million in funding. The funding was obtained through a seed funding round and was provided by a combination of friends, family, and investors w

See More
Reply
6

Ashish Singh

Finding my self ๐Ÿ˜ถโ€๏ฟฝ...ย โ€ขย 11m

list of startup funding rounds reported for the week of April 7 to April 12, 2025: - Juspay : $60 million - Easebuzz. : $30 million - Noise. : $20 million - Mosaic Wellness. : $21 million - Innovist: $15.8 million - Oleo. : $13.5 million

See More
Reply
1
5
Image Description
Image Description

Account Deleted

Hey I am on Medialย โ€ขย 1y

Zomato Ceo Deepender Goyal has opened up about the lowest moment, his company faced when Swiggy raised $1 billion, and zomato was at $35 million only. He said that it was there we are dead moment in the company.

5 Replies
1
9

Comet

#freelancerย โ€ขย 1y

*Jaya Talent is looking to hire a Marketing Manager* (fully remote) *Company*: AI-focused Launchpad that has secured a total of $11.7 million in funding across two rounds. Their most recent funding round, completed in 2022, raised $5 million. *Appl

See More
Reply
1
Image Description
Image Description

Mridul Das

Introvert!ย โ€ขย 1y

This Chennai based India's first flying taxi startup๐Ÿ’ก ePlane is planning to raise $30๐Ÿ’ต to $50๐Ÿ’ต million as it prepares for its first launch. They have already raised $14 million๐Ÿ’ต from venture capital firm Speciale Invest and others in a Series B

See More
3 Replies
3
15

Download the medial app to read full posts, comements and news.