About Classplus
Classplus is a company based in Noida (India) founded in 2018 by Bhaswat Agarwal and Mukul Rustagi.. 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 as of December 03, 2024. Classplus has completed 1 acquisition, including Merak AI. Classplus operates in a competitive market with competitors including Hotmart, Kajabi, Thinkific, CYPHER LEARNING and Teachable, among others.
- Headquarter Noida, India
- Employees 521 as on 03 Dec, 2024
- Founders Bhaswat Agarwal, Mukul Rustagi
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Bunch Microtechnologies Private Limited
- Date of Incorporation 28 May, 2018
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$30.92 M (USD)77.41as on Mar 31, 2024
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Net Profit
$-12.9 M (USD)56.97as on Mar 31, 2024
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EBITDA
$-17.22 M (USD)47.52as on Mar 31, 2024
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Total Equity Funding
$278.93 M (USD)
in 23 rounds
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Latest Funding Round
$8.58 M (USD), Series D
Jun 05, 2024
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Investors
Times Internet
& 30 more
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Employee Count
521
as on Dec 03, 2024
- Investments & Acquisitions
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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 Total Funding
- Total Rounds 23
- Last Round Series D — $8.6M
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First Round
First Round
(05 Feb 2019)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series D - Classplus | Valuation | Iron Pillar | |
| Jan, 2024 | Amount | Angel Round - Classplus | Valuation | Sourav Ganguly |
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| Sep, 2022 | Amount | Series D - Classplus | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture capital investments in technology, consumer, and fintech platforms across India and beyond.
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Founded Year | Domain | Location | |
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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Classplus
Classplus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Merak AI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Machine learning solutions for document and data digitization are provided.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Classplus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Classplus Comparisons
Competitors of Classplus
Classplus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hotmart, Kajabi, Thinkific, CYPHER LEARNING and Teachable, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based eCommerce solution that enables merchants to sell digital products
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| domain | founded_year | HQ Location |
Cloud-based software solution to create online courses
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| domain | founded_year | HQ Location |
Online academies are built for courses, products, and communities.
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| domain | founded_year | HQ Location |
Provider of cloud and app-based learning management system for schools and corporates
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| domain | founded_year | HQ Location |
Cloud-based course creation platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Classplus
Frequently Asked Questions about Classplus
When was Classplus founded?
Classplus was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Classplus located?
Classplus is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Classplus?
Mukul Rustagi is the current CEO of Classplus. They have also founded this company.
Is Classplus a funded 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 D of $8.51M, raised on Feb 05, 2019.
How many employees does Classplus have?
As of Dec 03, 2024, the latest employee count at Classplus is 521.
What is the annual revenue of Classplus?
Annual revenue of Classplus is $30.92M as on Mar 31, 2024.
What does Classplus do?
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.
Who are the top competitors of Classplus?
How many acquisitions has Classplus made?
Classplus has made 1 acquisition, including Merak AI.
Who are Classplus's investors?
Classplus has 31 investors. Key investors include Times Internet, Alphawave Semi, Iron Pillar, RTP Global, and Pivot Ventures.
What is Classplus's valuation?
The valuation of Classplus is $554.42M as of Jun 2024.
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