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.
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.
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Venture capital investment firm
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Venture capital investments in technology, consumer, and fintech platforms across India and beyond.
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Investments in edtech companies are made by Owl Ventures.
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Investor details for Classplus
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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.
Investment portfolio details for Classplus
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| 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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Complete acquisition details for Classplus
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Classplus
Detailed financials for Classplus
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Classplus Comparisons
Peer comparison for Classplus
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based eCommerce solution that enables merchants to sell digital products
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Cloud-based software solution to create online courses
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Online academies are built for courses, products, and communities.
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Provider of cloud and app-based learning management system for schools and corporates
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Cloud-based course creation platform
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Detailed competitors of Classplus
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Latest news on 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 current CEO of Classplus. They have also founded this company.
Classplus is a funded company, having raised a total of $278.93M across 23 funding rounds to date.
As of Dec 03, 2024, the latest employee count at Classplus is 521.
Annual revenue of Classplus is $30.92M as on Mar 31, 2024.
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.