Word Waves Blog

Doubtnut |  From IIT Graduates to Allen Career Institute | Unveiling the Journey in a Short Review  Doubtnut |  From IIT Graduates to Allen Career Institute | Unveiling the Journey in a Short Review Introduction : tale of Doubtnut :  In the ever-evolving landscape of Indian startups, the tale of Doubtnut, founded by IIT graduates Tanushree Nagori and Aditya Shankar, unfolds as a captivating narrative.  Over the last three years, the company witnessed a staggering loss of more than Rs 10,000 crore, ultimately leading to a surprising acquisition offer from Byju’s, a prominent player in the edtech sector.  This article delves into the twists and turns of Doubtnut's journey, exploring the highs, lows, and the eventual acquisition by Allen Career Institute. The Byju’s Offer : A Glimpse into Financial Turmoil :  Byju’s, valued at over $22 billion at its peak, faced its own financial crisis, leading to a devaluation to less than $3 billion.  The struggli...