ADVERTISEMENT
site_logo
  • Campus
  • Happening
  • Opinion
  • People
  • News
  • #BeInspired
  • Careers
  • 40 under 40
  • Exams
  • What The FAQ
  • Videos
    • Straight Up
    • Odisha Literary Festival 2020
    • Campus Convo
    • Careers After Corona
    • Express Expressions
    • Q&A With Prabhu Chawla
    • ThinkEdu Awards 2020
  • Web Stories
  • edex_worksEDEXWORKS
ADVERTISEMENT
start-up

Published: 04th May 2020     

Ed Tech start-up Classplus raises $9mn funding led by RTP Global 

The platform is currently used by more than 3,500 coaching centres across over 70 cities and towns in India

Edex Live
Edex Live
f_icon t_icon i_icon l_icon koo_icon whatsapp_icon email_icon Google News

Share Via Email

classplus

Classplus

Classplus, a B2B Edu-tech startup, on Monday said it has raised USD 9 million (over Rs 68 crore) in funding led by RTP Global. The series A round also saw participation from existing investors including Blume Ventures, Sequoia Capital India's Surge, Spiral Ventures and Strive. "The capital infusion will be used to improve technology while expanding the product offerings.

The platform is currently used by more than 3,500 coaching centres across over 70 cities and towns in India, majority of which are non-metropolis in nature," a statement said. Classplus is expanding its product, engineering and business teams, including strategic leadership to drive expansion as it scales rapidly, it added. Classplus enables offline coaching institutes to take their businesses online.

The company aims to provide technology to the massive but highly fragmented market, by helping tutors run all their communication, payments, practice tests, schedules and online learning programmes on their smartphones. The platform is also working with content publishers to establish easier access to online assessments for the ecosystem. "We are the category leaders in the segment, and the new fundraiser will help us to serve more teachers with world-class product experience.

India is home to the largest after-school tuition market in the world and delivery models keep evolving as we speak," Mukul Rustagi, co-founder and CEO of Classplus, said.

 

telegram
TAGS
start-up

O
P
E
N

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
telegram
ADVERTISEMENT
Write to us!

If you have campus news, views, works of art, photos or just want to reach out to us, just drop us a line.

newsletter_icon
Mailbox
edexlive@gmail.com
fb_icon
Facebook
twitter_icon
Twitter
insta_icon
Instagram
ADVERTISEMENT
Facebook
ADVERTISEMENT
Tweets by Xpress_edex
ADVERTISEMENT
ADVERTISEMENT

FOLLOW US

The New Indian Express | The Morning Standard | Dinamani | Kannada Prabha | Samakalika Malayalam | Cinema Express | Indulgexpress | Events Xpress

Contact Us | About Us | Privacy Policy | Terms of Use | Advertise With Us

Home | Live Now | Live Story | Campus Trip | Coach Calling | Live Take

Copyright - edexlive.com 2023. All rights reserved. Website Designed, Developed & Maintained by Express Network Private Ltd.