Classplus - Taking Care Of Learners Digitally

Purbalee Dutta Purbalee Dutta
Feb 13, 2020 6 min read
Classplus - Taking Care Of Learners Digitally

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

Students nowadays need a number of tutors for almost each and every subject. Sometimes there is a lack of time for the learners to manage. Sometimes also there is a shortage of desired tutors. Or maybe after a period of time, the learners want to switch. There are various kinds of problems found in these cases.

For each and every problem a solution is always created. Just finding is the task in this case. Classplus is a coaching management program that helps to digitise coaching class operations. Classplus also provides a personalised multimedia educational content for its students. Read the Classplus success story below to know more.

Let's go through the Journey of Classplus along with getting a glance on Classplus Funding, Business Model, Competitors, founder & more...

Classplus - Company Highlights

Startup Name Classplus
Headquarter Noida, India
Founders Mukul Rustagi, Vatsal Rustagi, Bikash Dash, Nikhil Goel and Bhaswat Agarwal
Founded 2015
Sector EdTech
Total Funding $14 Million
Valuation Rs 300 crore (2020)

Classplus - About
Classplus - Founders
Classplus - Startup Story
Classplus - How The App Works?
Classplus - Tagline, Slogan And Logo
Classplus - Funding And Investors
Classplus - Growth
Classplus - Competitors
Classplus - Future Plans
Classplus - FAQs

Classplus - About

Classplus is a mobile-first SaaS platform. It enables private coaching institutions and their tutors to streamline their content distribution, payments, communication and online assessments through the app. Classplus is providing the best coaching institute management software and mobile application for coaching institutes, tuition centres etc. The app is having all innovative teachers within it to promise the learners a self-reliant future.

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Imagine you are sitting in a packed class, and the teacher is explaining animportant concept. While itโ€™s seeming that everyone else is understanding theconcept and nodding their head in unison, you are feeling a bit off beat, asevery word being explained is simply getting bounced off your head. Dโ€ฆ

Classplus - Founders

Mukul Rustagi, Vatsal Rustagi, Bikash Dash, Nikhil Goel and Bhaswat Agarwal are the founders of Classplus.

Bhaswat Agarwal (left) and Mukul Rustagi (right)

Mukul Rustagi

He is the founder and also the chief executive officer at Classplus. He has pursued his Bachelor's Degree from Indian Institute of Technology, Roorkee.

Vatsal Rustagi

He is one of the founders of Classplus. He pursued his Bachelor's Degree from Delhi College of Engineering. Presently, he is at Happay.

Bikash Dash

He is also one of the founders of Classplus. He pursued his B.Tech in Computer Science from College of Engineering, Bhubaneswar. Presently, he is the Growth Engineer at LocoNav.

Nikhil Goel

It is one among the founders of Classplus. He pursued his BSE in Computer Engineering from Vanderbilt University. Presently he is the one among the founding members of Uber Elevate.

Bhaswat Agarwal

It is the co-founder at Classplus. He pursued his B.E. in Electronics and Communication from Netaji Subhas Institute of Technology. Currently, he is looking after the operations and products of Classplus.

Classplus - Startup Story

Mukul Rustagi and Bhaswat Agarwal both used to study at the same coaching centre. But it was shut for 10 months before the JEE exam. This incident played a major role in Classplus's history.

A few years later founders spoke to their juniors and realised that nothing has changed yet. They thought that internet consumption is high. Something should be done in the education sector. Today, Classplus is the result of that something.

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The education sector is the most significant sector for any country, especiallyfor a developing country like India. In India, however, there has been a growinggap between the industry needs and the skills of the students. A study byemployability assessment company โ€˜Aspiring Mindsโ€™, carried out inโ€ฆ

Classplus - How The App Works?

One can log in in three modes. As a tutor, student and parent. Once logged in as a tutor, he/she can create his/her own batches, add students, share notices and also assign tests on the platform. Objective questions are automatically corrected. Here feedback is given in the form of reports. Analytics is given to the parents and the tutors. For subjective questions, students are supposed to click a picture of the answer written or the diagram. These are to send it to the tutor.

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The content in this post has been approved by the organization it is based on. With an exponential growth in the number of internet and smartphone users inIndia, turning online to get oneโ€™s tasks done is now mainstream. Education fallsunder this umbrella as well. Online tutoring has many benefitsโ€ฆ

The tagline of Classplus is dedicated to all the Coaching institutes. It is Empowering teachers to go online. The main focus of Classplus is to nurture the students here.

Classplus Logo

Classplus - Funding And Investors

Classplus has raised a total amount of $14 Million in funding over the 7 rounds.

Date Transaction Name Money Raised Lead Investor
May 4, 2020 Series A $9 Million RTP Global
February 11, 2020 Venture Round $2.5 Million Blume Ventures and Sequoia Capital India
October 10, 2019 Venture Round - Surge
May 9, 2019 Venture Round $1.6 Million -
February 5, 2019 Seed Round $420,000 -
November 1, 2018 Seed Round $500,000 -
September 14, 2017 Angel Round - Rising Stars

Classplus is funded by 16 investors. Surge and Spiral Ventures are the recent investors.

Classplus - Growth

According to Entrackr's calculation, Classplus will be valued at nearly Rs 300 crore in the post-Series A round. There will be comparisons between the last funding type and the to be funding type round. Now Classplus is having more than 500000 users and more than 3000 teachers on their platform. Classplus is setting things towards raising a sum of $73 crores. It will be led by Blume Ventures, Spiral Ventures, Strive Investment Partnership and Sequoia Surge Ventures. RTP Global has set things to invest a sum of around Rs. 30.16 crores. While Surge Ventures have planned to put an amount of Rs. 15.08 crores.

Classplus - Competitors

Classplus's top competitors are Ethena, Learn In, Aanaab and BabySparks.

  • Ethena is a company that develops a training platform to improve corporate culture and decrease gender harassment and hostility towards women employees in workplaces.
  • Learn In is the first upskilling as a service startup that helps companies to manage learning sabbaticals and also earning while learning.
  • Aanaab is a company that offers online courses in Arabic for teachers and educators to help them improve their skills in various fields.
  • BabySparks is a company whose motto is to develop and support activities early in an innovative way.

Classplus - Future Plans

The aim of Classplus is to bring progress in a child's life in the areas of knowledge and learning. It's also aiming towards bringing more new options for its users. It's simplifying tutoring. It has witnessed a number of downloads and the team is heading towards to earn more in numerous ways and fields.

Classplus - FAQs

Who is Classplus Founder?

Mukul Rustagi, Vatsal Rustagi, Bikash Dash, Nikhil Goel and Bhaswat Agarwal are the founders of Classplus.

Who are the Top Classplus Competitors?

Classplus's top competitors are Ethena, LearnIn, Aanaab and BabySparks.

How much is Classplus funding?

Classplus has raised a total amount of $14 Million in funding over the 7 rounds. It's most recent funding was raised for $9 Million led by RTP Global on May 4, 2020.

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