James Murdoch’s Lupa Systems leads $31 million investment in India’s Doubtnut
– Doubtnut, an Indian startup that helps students learn and master concepts from math and science using short videos, has raised $31m in a new financing round.
– The round was led by SIG and James Murdoch’s Lupa Systems, and joined by existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures.
– The startup said it has developed a bank of more than 65 million questions in nine languages for students from sixth grade to high school.
– Doubtnut said its app reaches students in smaller towns and cities.
Cuemath Raises $40M in Series C Funding
– Cuemath is a Bengaluru, India-based leader in online math learning.
– The company closed its $40m Series C financing round.
– The round was led by Lightstone Aspada and Alpha Wave Incubation with participation from existing investors Sequoia Capital India, CapitalG (formerly Google Capital) and Manta Ray.
– The new investment will be used to drive expansion of the platform globally and build on its launch in the US to further scale up in the geography, along with other international markets.