About Classplus
Classplus is an Education company based in Noida (India) founded in 2018 by Bhaswat Agarwal and Mukul Rustagi. White-label online coaching platform is provided for educators. Classplus has raised $278.93 million across 23 funding rounds from investors including Times Internet, Alphawave Semi and Iron Pillar. The company has 521 employees. Classplus has completed 1 acquisition, including Merak AI. Classplus was last valued at $554.42 million in June 2024. Its chief executive, as recorded, is Mukul Rustagi. Its website classplusapp.com draws about 5.3 million monthly visits. Its Indian entity Bunch Microtechnologies Private Limited reported revenue of ₹143 Cr. Its focus areas include EdTech, K-12 EdTech, Business Management Software for Tutors and Virtual Classroom.
Company details
Provider of white-label online coaching platform. Its offerings include a branded mobile and web app for educators and coaching institute owners to run live classes, upload video lectures, conduct auto-graded tests, manage attendance, assignments, and fee collection. Its features include a built-in ecommerce store to sell courses, marketing tools such as coupon creation, custom notifications, bannerposter design, plus analytics dashboards tracking student performance and engagement. It also supports secure SSL streaming, screenshot prevention, live chat between teachers, students, and parents, and automatic recording of classes. It uses mobile-first UI, integrated payment gateways, cloud storage for unlimited content, and 2FA security to deliver robust coaching management infrastructure.
- Headquarters Noida, India
- Employees 521
- Founders Bhaswat Agarwal, Mukul Rustagi
- Stage Minicorn
- SectorsEducation
- Website category Computers Electronics and Technology
- Email••••••••
- Phone•••• ••••
- Website classplusapp.com
- Social LinkedIn X Facebook
- Legal Name Bunch Microtechnologies Private Limited
- Date of Incorporation 28 May, 2018
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹143 Cr
FY 2024 · +77% YoY
- Net Loss-₹111 Cr
FY 2024 · -42% margin
- EBITDA-₹95.26 Cr
FY 2024 · -36% margin
- Total Equity Funding$278.93M (USD)
in 23 rounds
- Latest Funding Round$8.58M (USD), Series D
Jun 2024
- InvestorsTimes Internet
& 30 more
- Employee Count521
- Investments & Acquisitions
Associated legal entities of Classplus
Classplus operates through Bunch Microtechnologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bunch Microtechnologies Private Limited CIN U80900HR2018PTC114700 | Active | 28 May 2018 | Gurgaon, Haryana | ₹143 Cr | 521 | 2 | View details |
Apps and channels of Classplus
Classplus publishes 6 mobile apps with over 670.5K+ downloads.
Funding Insights of Classplus
Classplus has successfully raised a total of $278.93M across 23 strategic funding rounds. The most recent funding activity was a Series D round of $8.58 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $278.93M
- Total Rounds 23
- Last Round Series D — $8.58M
- First Round $1.61M
(Feb 2019)
- Investors Count 31
Latest 10 of 23 funding rounds of Classplus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $8.58M | Series D | $554.42M | Iron Pillar | |
| Jan 2024 | $264,581 | Angel Round | $547.39M | Sourav Ganguly | – |
| Sep 2022 | $8.51M | Series D | $••••• | – | |
| Jun 2022 | $4.97M | Series D | $••••• | – | |
| Apr 2022 | $25.15M | Series D | $••••• | – | |
| Mar 2022 | $35.06M | Series D | $••••• | – | |
| Mar 2022 | $73.77M | Series D | $••••• | Alpha Wave Global, Tiger Global Management | |
| Aug 2021 | $1.5M | Series C | $••••• | – | |
| Jul 2021 | $3.51M | Series C | $••••• | – | – |
| Jul 2021 | $24.85M | Series C | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $554.42M | •••••••• |
| Jan 2024 | $547.39M | •••••••• |
| Sep 2022 | $••••• | •••••••• |
| Jun 2022 | $••••• | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Aug 2021 | $••••• | •••••••• |
Full valuation and stage history of Classplus
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $554.42M (Jun 2024). 31 investors in total: 23 institutional and 8 angel.
Investors in Classplus
Classplus has secured backing from 31 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Times Internet, Alphawave Semi and Iron Pillar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment firm | z47.com | Bengaluru, India | ||
Venture capital investments in technology, consumer, and fintech platforms across India and beyond. | 2020 | pivotventures.in | Mumbai, India | |
Investments in edtech companies are made by Owl Ventures. | owlvc.com | Menlo Park, United States | ||
Venture capital firm focused on growth-stage companies | alphawaveglobal.com | New York, United States | ||
A private investment firm focused on regional opportunities. | chimerainvestment.com | Abu Dhabi, United Arab Emirates | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Private equity investments in North America are managed by TRP. | trpfund.com | Michigan, United States | ||
Ed-tech startups are funded by GSV Ventures through venture capital. | gsv.ventures | San Francisco, United States | ||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India |
Investor details for Classplus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bunch Microtechnologies Private Limited (Classplus)
Bunch Microtechnologies Private Limited is the primary company behind Classplus. The board of Bunch Microtechnologies Private Limited currently have 2 directors; the longest-serving is Bhaswat Agarwal, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhaswat Agarwal DIN 07396609 | Director | 28 May 2018 | 8 yrs 5 mo | Bunch Microtechnologies Private Limited |
| Mukul Rustagi DIN 07395938 | Director | 28 May 2018 | 8 yrs 5 mo | Bunch Microtechnologies Private Limited |
People of Classplus
15 people are tracked at Classplus (4 in leadership, 11 in team); the tracked headcount is 521.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Ayush Agarwal | Senior Vice President | Leadership |
Gaurav Pandey | VP Of Engineering | Leadership |
Aman Khurana | Finance Manager | Team |
Rahul Lilwani | Associate Manager | Team |
A Urmila | Key Account Manager | Team |
Kartik Batham | Business Growth Manager | Team |
Sudha Mishra | Business Growth Manager | Team |
Vishal Singh | Business Development Manager | Team |
Jatin Nagar | Growth Manager | Team |
Rishii Madhav Jayan | Business Development Manager Kerala | Team |
Pankaj Kujoor | Customer Success Manager | Team |
Chitranshu Gupta | Program Manager | Team |
Deepak Mittal | Principal Solutions Architect | Team |
Complete people profiles for Classplus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Classplus
Figures of Bunch Microtechnologies Private Limited, the primary company behind Classplus, for FY 2024. Revenue was ₹143 Cr (+77% year on year). Net loss was -₹111 Cr (-42% margin). EBITDA was -₹95.26 Cr (-36% margin). Revenue has grown at a compounded annual rate of +153% over three years and +206% over five years.
- ₹143 CrRevenue · FY 2024 · +77% YoY
- -₹111 CrNet loss · -42% margin
- -₹95.26 CrEBITDA · -36% margin
- ₹80.5 LakhPaid-up capital
- 521Employees (provident fund records)
- +153%Revenue CAGR, 3 years
- +206%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bunch Microtechnologies Private Limited are on its company page.
Detailed financial statements for Classplus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Classplus
Classplus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Merak AI.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Machine learning solutions for document and data digitization are provided. | merak.ai | Bengaluru, India | 2017 | Jun 2020 | •••• |
Complete acquisition details for Classplus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Classplus
5 dated milestones of Classplus across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Classplus is founded.
- Funding First funding round of $1.6M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Merak AI.
- Funding Latest funding round, Series D, of $8.6M.
Web traffic of Classplus
The website of Classplus (classplusapp.com) receives about 5.3M visits a month and ranks #9,149 among all websites worldwide, #1,273 in Computers Electronics and Technology.
- Monthly visits5.3M
▲ 6.8% vs previous month
- Unique visitors593.7K
per month
- Global rank#9,149
among all websites
- Category rank#1,273
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate26%
- Pages per visit8.3
- Average visit4 min 37 sec
- DevicesDesktop 84% · Mobile 17%
Websites whose visitors overlap most with Classplus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
t.me | t.me | 100% | #53 | – | |
| brave.com | 94% | 479.3M | #91 | View details | |
reduceimages.com | reduceimages.com | 93% | #16,209 | – | |
| figma.com | 92% | 84.7M | #221 | View details | |
| notebooklm.google | 92% | #2,708 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Classplus
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Corporate & Professional Learning Platforms
2 companies that operate in the same segment as Classplus (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 208.24 M | 6,673 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 |
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Related news about Classplus
Complete news archive for Classplus
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Frequently Asked Questions about Classplus
Classplus was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Classplus is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Mukul Rustagi is the CEO of Classplus, as recorded in our data. They have also founded this company.
Classplus is a funded company, having raised a total of $278.93M across 23 funding rounds to date. The company's 1st funding round was a Series C of $24.85M, raised on Feb 2019.
Classplus has 521 employees.
The primary company behind Classplus, Bunch Microtechnologies Private Limited, reported revenue of ₹143 Cr for FY 2024, up 77% year on year.
Provider of white-label online coaching platform. Its offerings include a branded mobile and web app for educators and coaching institute owners to run live classes, upload video lectures, conduct auto-graded tests, manage attendance, assignments, and fee collection. Its features include a built-in ecommerce store to sell courses, marketing tools such as coupon creation, custom notifications, bannerposter design, plus analytics dashboards tracking student performance and engagement. It also supports secure SSL streaming, screenshot prevention, live chat between teachers, students, and parents, and automatic recording of classes. It uses mobile-first UI, integrated payment gateways, cloud storage for unlimited content, and 2FA security to deliver robust coaching management infrastructure.
Classplus has made 1 acquisition, including Merak AI.
Classplus has 31 investors. Key investors include Times Internet, Alphawave Semi, Iron Pillar, RTP Global, and Pivot Ventures.
The valuation of Classplus is $554.42M as of Jun 2024.
Classplus operates through Bunch Microtechnologies Private Limited.
The legal entities of Classplus currently have 2 directors, including Bhaswat Agarwal, Mukul Rustagi.