Edtech firm Doubtnut raises Rs 224 cr led by SIG, Lupa Systems

Education technology firm Doubtnut on Thursday said it has raised an amount of Rs 224 crore from SIG and Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in the series B funding round. "We are pleased to welcome onboard SIG and Lupa; SIG brings in strong experience of investing in edtech companies globally and Lupa Systems brings unparalleled experience of building world-class businesses and harnessing high-impact technologies," Doubtnut cofounder and CEO Tanushree Nagori said in a statement.