Sequoia India’s accelerator programme Surge, on Friday, rolled out a thread of tweets expressing its joy and pride on the growth metrics achieved by one of its portfolio companies from the first cohort – Doubtnut.
Out there to make a difference in society with its edtech offerings, Doubtnut offers free solutions to users who send snapshots of their doubts over the platform. The target audience here is the K12 segment, especially Mathematics doubts solutions for IIT JEE examinations.
To provide the solutions to these specific doubts, the team at Doubtnut creates solution videos to respond to these doubts either via the app or WhatsApp.
This service has become wildly popular with the low-income groups outside of tier I cities due to its accessibility, ease of use, and these are the very people who need access to low cost or free solutions to progress in education due to the lack of proper infrastructure and educational facilities available to them.
This faction of population counts for 80% of the app’s user base.
Banking on these factors Doubtnut in a record time of 6 months has seen the monthly active user count grow 6X to 7 million, and the daily active users count has grown 8X since the company joined the Surge portfolio, claims the tweet thread.
Seeing this tremendous growth, the team has also launched the facility of solving Physics and Chemistry doubts in addition to Mathematics on August 13 this year. The video library already counts for over 4 lakh videos with 4,000 videos being added every day.
With these developments, the app has also made it to number 1 position in the trending edtech free applications on Google Play. The tweet thread also claims that the app is now the second most used K12 edtech app in the Indian startup ecosystem, after BYJU’s.
Which, if true, is even better for Doubtnut considering BYJU’s also caters to other segments of the student population apart from K12.
BYJU’s, Unacademy, and now Doubtnut are few edtech applications that saw exponential growth in usage of their products in initial years.
In fact, even when Doubtnut caters to a different segment than Unacademy, the company as of now has 10X more user base than Unacademy did when it raised its Series A round. Which is impressive considering Doubtnut is still living on a seed round.
At this rate, this edtech app founded by Aditya Shankar and Tanushree Nagori, is expected to become a disruptive competitor in the respective segment.