Exams trainer Allen acquires edtech platform Doubtnut to improve technology

Exams trainer Allen Career Institute has acquired Doubtnut, an education technology platform that uses artificial intelligence, for an undisclosed amount. Sources said the deal is worth around $10 million.

Allen said the Doubtnut will continue to build a doubt resolution system for students who have subscribed for the services of either company. Doubtnut’s apps, websites and YouTube channels have a monthly reach of 32 million students.

“Timely and effective resolution of doubts is a core consumer need in education,” said Nitin Kukreja, chief executive officer of Allen. “Doubtnut’s platform will allow us to greatly enhance the learning experience for our students.”