# Classplus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/classplus

- Industry: Software
- Headquarters: Noida, India
- Website: www.classplusapp.com
- Total disclosed funding: $148M
- Latest round: Series E (Mar 22, 2022)
- Investors on record: 14

## About

Classplus, based in India, is a digital platform that empowers educators and institutions to enhance their online teaching capabilities with innovative solutions for course management and delivery.Founded in 2015 in Noida, India, Classplus offers a platform for educators to create and manage online courses. The company's founders include Ankita Singh, Bhaswat Agarwal, Mukul Rustagi, Rohan Saneja, Shubham Agrawal, Shubham Sharma, and Vishisht Dhawan. Classplus has engaged in a total of 11 deals, with the latest funding round being a Series E, raising INR 4,954.44 mn from investors such as Alpha Wave Global and Tiger Global Management, contributing to a total amount raised of INR 4,954.44 mn. As of 2022, the company’s valuation stands at INR 47,303.62 mn.Classplus focuses on providing a comprehensive platform designed for online teaching, catering to educators and institutions seeking to enhance their digital learning capabilities. Their core offerings include a user-friendly mobile app and web interface that enable educators to create, manage, and deliver online courses seamlessly. The platform supports features such as video lectures, live classes, assessments, and student analytics, addressing the needs of both educators and learners by simplifying the administration of educational content. Classplus primarily targets educational institutions, tutors, and coaching centers, with a client base that spans various geographical markets including India, Southeast Asia, and parts of the Middle East.In the most recent fiscal year 2022, Classplus generated revenue of INR 3,478,011.90 and reported an EBITDA of -INR 24,243,010.90.Classplus is focused on expanding its offerings and entering new markets. The company plans to launch new products designed to enhance the online teaching experience, with specific timelines yet to be disclosed. Additionally, Classplus aims to expand into more regions within Southeast Asia and the Middle East by the end of 2023. The recent Series E funding, completed in September 2022, will support these initiatives, which include product development and market penetration, as they continue to grow their presence in the educational technology sector.

## Funding rounds

- Series E, Mar 22, 2022, $65M — Tiger Global Management, Alpha Wave Global, RTP Global, OWL Ventures, Chimera Capital
- Series D, Jul 2, 2021, $30M — Tiger Global Management, Alpha Wave Global, GSV Ventures
- Series C, Jun 10, 2021, $30M — Blume Ventures, Alpha Wave Global, RTP Global, GSV Ventures
- Series C, Sep 29, 2020, $10M — Blume Ventures, Alpha Wave Global, RTP Global
- Series B, Apr 28, 2020, $8.9M — Blume Ventures, RTP Global, STRIVE, Spiral Ventures, Surge
- Series A, Dec 6, 2019, $2.5M — Hong Shan, Blume Ventures, Surge, QED Innovation Labs
- Series A, Feb 5, 2019, $1.6M — Times Internet Limited, STRIVE, Spiral Ventures, Rising Stars

## Investors

- Times Internet Limited — Series A
- STRIVE (https://capitalatlas.ai/funds/strive) — Series A, Series B
- Spiral Ventures (https://capitalatlas.ai/funds/spiral-ventures) — Series A, Series B
- Rising Stars — Series A
- Hong Shan — Series A
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series A, Series B, Series C
- Surge (https://capitalatlas.ai/funds/surge) — Series A, Series B
- QED Innovation Labs — Series A
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series B, Series C, Series E
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series C, Series D, Series E
- GSV Ventures (https://capitalatlas.ai/funds/gsv-ventures) — Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D, Series E
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series E
- Chimera Capital (https://capitalatlas.ai/funds/chimera-capital) — Series E