December 5, 2023
1 min read

Doubtnut Joins Forces with Allen

Doubtnut’s team will continue their focus on building a world-class doubt resolution experience for students of Allen and Doubtnut,…reports Asian Lite News

Allen Career Institute on Monday announced the acquisition of AI-led doubts-solving platform, Doubtnut.

Doubtnut’s team will continue their focus on building a world-class doubt resolution experience for students of Allen and Doubtnut, the company said.

“Timely and effective resolution of doubts is a core consumer need in education. Doubtnut’s platform will allow us to greatly enhance the learning experience for our students. We are also excited by the prospects of offering Allen’s high-quality academic products to a wider audience,” Nitin Kukreja, CEO of Allen, said in a statement.

Moreover, the institute mentioned that Allen will bring its enriched curriculum and academic offerings to Doubtnut’s student base and cater to their needs for a better education.

“Doubtnut’s mission is to bring education to every student across India using technology and high-quality content. We have worked towards this vision over the last six years, gaining immense consumer love during this journey. We resonate with Allen’s vision of creating technology products that are focused on improving learning outcomes,” said Aditya Shankar, co-founder of Doubtnut.

EY acted as the exclusive financial advisor to Allen and Trilegal acted as the legal advisor. TTA acted as the legal advisor to Doubtnut, Aeka Advisors acted as Tax advisor to Doubtnut, the institute shared.

In order to strengthen its focus on building a world-class technology team, Allen has hired professionals from leading global and Indian consumer tech companies such as Amazon, Google, Meta, Flipkart, Samsung, Twitter, and others, taking its technology and product teams based in Bengaluru to more than 120.

ALSOR READ: ‘India’s Energy Demand to Double by Decade’s End’

Previous Story

Why Did China’s BRI Falter in Nepal?

Next Story

Muted Hiring Ahead in Indian IT Industry

Previous Story

Why Did China’s BRI Falter in Nepal?

Next Story

Muted Hiring Ahead in Indian IT Industry

Latest from Business

Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News

Ambani’s Jio launches $3.2bn share sale in India

Jio Platforms, the digital and telecommunications business controlled by Mukesh Ambani’s Reliance Industries, has launched a $3.2 billion initial public offering, expected to become India’s largest share sale. The offering comes amid

Cyber Chiefs Urge Urgent PHP Security Update

Cybersecurity agencies in the UK, EU and Australia have warned organisations to install critical PHP security fixes immediately or consider taking vulnerable websites offline amid reports of emerging attacks, reports Asianlite News
Go toTop