Announced
Completed
Financials
Sources
Tags
Digital Services
educational technology
India
Domestic
Private
Friendly
Single Bidder
Acquisition
Majority
Completed
Synopsis
Allen Career Institute, an education services provider, completed the acquisition of Doubtnut, an Indian educational app, for $10m. “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, Allen Career Institute CEO.
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