This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • Explore
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Contribute
  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
ETR Resources
  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: SaaS Platform For Coaching Institutes Classplus Raises $65M in Series C Funding
Aa
EdTechReviewEdTechReview
Aa
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • Voices
  • Tags
  • About
  • Contribute
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > SaaS Platform For Coaching Institutes Classplus Raises $65M in Series C Funding
News

SaaS Platform For Coaching Institutes Classplus Raises $65M in Series C Funding

Stephen-soulunii
Stephen Soulunii Published Jun 25, 2021
Share
3 Min Read
Delhi-based Saas Provider for Coaching Institutes Classplus Secures Undisclosed Amount from Blume Ventures
Delhi-based SaaS Provider for Coaching Institutes Classplus Secures Undisclosed Amount from Blume Ventures
SHARE

Software-as-a-Service platform for coaching institutes and tutors Classplus has raised $65 million in its Series C funding round led by Tiger Global Management.

AdvertisementWhy this Ad?

AdvertisementWhy this Ad?

GSV Ventures and the company’s existing investors including Alpha Wave Incubation (AWI), Blume Ventures, and RTP Global also participated in the round.

This is the fourth institutional funding round in the past 15 months alone for the Noida-based startup. Classplus had raised $2.5 million in its pre-Series A round in February 2020, $8.2 million Series A in May 2020, and $10 million in Series B in September 2020.

Commenting on the new development, Mukul Rustagi, Co-founder and CEO, Classplus, said,

“We are on a mission to ensure that every educator can go online and connect with their students across the world. The power of educators has historically been confined to their local neighborhoods. With Classplus, educators have been able to build and expand their online presence and monetize their content without any major investment and effort.”

The company said it will use the additional capital to build more products for educators, expand its engineering team, and enter into new markets.

Deborah Quazzo, Managing Partner, GSV Ventures, said,

“When lockdowns struck India, Classplus emerged as the critical infrastructure software for the $30 billion offline tutoring industry. With the platform growing nearly 10X in the last 12 months, GSV views it as a ‘Weapon of Mass Instruction’. Co-founders Mukul and Bhaswat are empowering tutors in India to go online, enabling them to build bigger and stronger businesses while also expanding access to localized education.”

Founded in 2018 by Mukul Rustagi and Bhaswat Agarwal, Classplus provides mobile-first software for coaching institutes, tuition centers, and private tutors to take their businesses online and streamline their communication, content distribution, payments, and online assessment, and other related activities all in one single platform.

The Shopify-like solution also helps coaching institutes and private tutors deliver their LIVE lessons, automate their daily tasks and run student engagement programs along with building and marketing their online courses.

Currently, Classplus is used by more than 8000 educators and over 7 million students. The startup claims that the overall profitability of educators increases by 2X to 3X within six months of getting onto its platform.

TAGGED: Coaching/Tutoring, EdTech Funding, Indian EdTech, Indian Education, Online Coaching, Online Tutoring, SaaS, Teachers/Educators, Tools for Teachers/Educators
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
Stephen-soulunii
Posted by Stephen Soulunii
No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.
Previous Article Masterplan.com Raises .5m Workplace Learning Platform Masterplan Raises $15.5M To Expand Its B2B Software
Next Article How to Prepare for Higher Education & Study Abroad During Corona How To Prepare for Higher Education & Study Abroad During Corona
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

Latest Post

Lighthouse-learning-signs-mou-with-huron-university
Lighthouse Learning Signs MOU With Huron University to Extend Support for International Education
News Feb 7, 2023
Where is the Edtech Sector Headed 2023 Trends Predictions & Founder Opinions
Where is the EdTech Sector Headed: 2023 Trends, Predictions & Founder Opinions
Trends Feb 7, 2023
Nsdc-collaborates-with-certif-id-international
NSDC Collaborates With German HRTech Provider Certif-ID International
News Feb 7, 2023
Cleary-raises-m-in-seed-round
San Francisco-Based HR Management Platform Cleary Raises $4.5M in Seed Round
News Feb 6, 2023
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

You Might Also Like

Lighthouse-learning-signs-mou-with-huron-university
News

Lighthouse Learning Signs MOU With Huron University to Extend Support for International Education

Feb 7, 2023
Nsdc-collaborates-with-certif-id-international
News

NSDC Collaborates With German HRTech Provider Certif-ID International

Feb 7, 2023
Cleary-raises-m-in-seed-round
News

San Francisco-Based HR Management Platform Cleary Raises $4.5M in Seed Round

Feb 6, 2023
Tribepad-raises-8m
News

Talent Acquisition Platform Tribepad Raises $14.8M to Develop Its Recruitment Software

Feb 6, 2023
Virgilhr-raises-m-in-pre-seed-round
News

HRTech Startup VirgilHR Raises $1.5M in Pre-Seed Round

Feb 6, 2023
Linkedin-india-launches-campus-knowledge-programme
News

LinkedIn India Launches Campus Knowledge Programme to Make Students Future-Ready

Feb 5, 2023
Abhinay-maths-raises-undisclosed-amount
News

Test Prep Platform Abhinay Maths Raises Undisclosed Amount From Classplus

Feb 4, 2023
Sdui-raises-€25m
News

German EdTech Sdui Raises €25M in Series A Extension Round

Feb 4, 2023
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product Reviews
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?