When was Classplus founded?

Classplus was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Classplus located?

Classplus is headquartered in Noida, India. It is registered at B-194 , FIRST FLOOR YOJNA VIHAR, East Delhi, DELHI, Delhi, India, 110092.

Who is the current CEO of Classplus?

Mukul Rustagi of Classplus. They have also founded 2 companies and are angel investors in 6 startups, including Polaris School Of Technology.

Which legal entities is Classplus associated with?

Classplus is associated with BUNCH MICROTECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does Classplus have?

As of Sep 30, 2026, the latest employee count at Classplus is 684.

Is Classplus a funded company?

Classplus is a funded company, having raised a total of $171M across 9 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Sep 14, 2017.

How much is Classplus worth?

The latest valuation of Classplus is $***** as of Jun 05, 2024.

When was the latest funding round of Classplus?

Classplus' latest funding was a $***** Series D round on Jan 18, 2024, with participation from 3 investors.

What is the annual revenue of Classplus?

Annual revenue of Classplus is between ₹100 Cr and ₹500 Cr as on Mar 31, 2024

Where does Classplus rank among its competitors?

Classplus ranks 1st amongst 44 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was MegaMinds, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Classplus?

Classplus' top competitors include Cosmo, MegaMinds and The Kiap Family. Among them, MegaMinds secured the most recent funding round in February, 2026.

Classplus - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of a mobile application for online teaching and coaching management. The platform provides tools for educators to conduct live classes, manage student attendance, track performance, and facilitate communication. It enables teachers to create and sell courses, manage batches, and handle administrative tasks through a centralized digital interface.

Website: classplusapp.com
Social
Email ID: *****@classplus.co
Phone Number: +91 **********
Registered Address: B-194 , FIRST FLOOR YOJNA VIHAR, East Delhi, DELHI, Delhi, India, 110092

Key Metrics

Founded Year

2015

Location

Noida, India

Stage

Series D

Total Funding

$171M in 9 rounds

Latest Funding Round

Series D, Jan 18, 2024, $*****

Post Money Valuation

$***** as on Jun 05, 2024

Investors

Tiger Global Management & 43 more

Ranked

1^st among 44 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

684 as on Sep 30, 2026

Investment & Acquisitions

GyanDhan & 3 more

Similar Companies

Cosmo & 42 more

View Classplus' full profile

Classplus is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BUNCH MICROTECHNOLOGIES PRIVATE LIMITED CIN: U80900HR2018PTC114700 , India, Active	May 28, 2018	₹100 - ₹500 Cr (As on Mar 31, 2024)	315 (As on May 01, 2026)
EPSILON EDUVENTURES PRIVATE LIMITED CIN: U80903DL2016PTC290174 , India, Strike off	Jan 27, 2016	0 - ₹10 Cr (As on Mar 31, 2018)	32 (As on Aug 01, 2018)

Classplus has raised a total funding of $171M over 9 rounds. Its first funding round was on Sep 14, 2017. Its latest funding round was a Series D round on Jan 18, 2024 for $*****. 3 investors participated in its latest round. Classplus has 25 institutional investors and 19 angel investors.

Here is the list of recent funding rounds of Classplus:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 18, 2024	9159422	Series D	5903820	7229447	7206158	1527124
Mar 11, 2022	8029646	Series D	8247470	1317119	6266751	TRP & 5 more
Jun 10, 2021	9199076	Series C	2534927	1042314	Tiger Global Management	GSV Ventures & 4 more

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View details of Classplus's funding rounds and investors

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

Here are the details of Classplus' key team members:

Mukul Rustagi: Co-Founder & CEO of Classplus and founder of 1 other company. They are also an angel investor in 6 startups and serve on the boards of 4 companies.
Contact Info: 1 email address and 1 phone number
Bhaswat Agarwal: Co-Founder of Classplus and founder of 1 other company. They are also an angel investor in 4 startups and serve on the boards of 4 companies.
Contact Info: 1 email address and 1 phone number
Nikhil Goel: Former Co-Founder of Classplus and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Vatsal Rustagi: Former Co-Founder of Classplus and founder of 1 other company. They serve on the board of 1 company.
Bikash Dash: Former Co-Founder of Classplus and founder of 2 other companies, Jet Set Clean and FactoryPlus.

Classplus' Board of Directors

Classplus's board has 2 active members. Mukul Rustagi and Bhaswat Agarwal are part of team.

Here is the list of Classplus' board of directors:

Name	Type	Representing	Status	Duration
Mukul Rustagi	Team	-	Current	8y 5m
Bhaswat Agarwal	Team	-	Current	8y 5m

View details of Classplus's Founder profiles and Board Members

Classplus' employee count trend

Classplus has 684 employees as of Sep 26. Here is Classplus's employee count trend over the years:

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Top competitors of Classplus include Cosmo, MegaMinds and The Kiap Family. Here is the list of Top 10 competitors of Classplus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Classplus 2015, Noida (India), Series D	Developer of a mobile application for online teaching and coaching management	$171M	GSV Ventures, Alpha Wave Global & 42 others	65/100
2nd	Cosmo 2014, London (United Kingdom), Seed	Developer of inclusive technology products for learning, therapy, and play	$258K	Deepbridge Capital, EIC Fund & 3 others	40/100
3rd	MegaMinds 2022, New York City (United States), Seed	AI-powered assistants for personalized support	-	New York Angels	29/100
4th	The Kiap Family 2021, Singapore (Singapore), Unfunded	Online platform offering learning resources and teaching tools	-	-	28/100
5th	XINGKE 1999, Jinan (China), Funding Raised	AI-based platform providing learning solutions to educational institutes	-	Yuanchuang Duoying Investment Group	26/100
6th	Planerium Herzliya (Israel), Unfunded	Retailer of printable educational resources, templates, worksheets, coloring pages, and games	-	-	26/100
7th	TeachAny 2025, Unfunded	Provider of AI teaching tools for educators and educational institutions	-	-	24/100
8th	Veevo 2026, Canada, Unfunded	Developer of a video conferencing platform for educational institutions and classrooms	-	-	24/100
9th	TutorPlus 2021, Bengaluru (India), Unfunded	Provides digital solutions for teachers	-	-	24/100
10th	Elanking China, Unfunded	Developer of AI-powered educational platforms and functional classroom solutions for schools	-	-	24/100

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Looking for more details on Classplus's competitors? Click here to see the top ones

BUNCH MICROTECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Classplus, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of BUNCH MICROTECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 77% in the last 1 year.

Financial Statement Summary

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income Statement
Revenue	1778	4413	9981	2364	8648
Total Sales	4703	4579	9856	7914	9647
Total Expenses	4422	2453	5138	9004	4290
Operating Expenses	3896	5969	3640	7578	3800
Employee Expenses	3488	4187	8784	7588	3200
Marketing Expenses	5755	3105	2619	4667	2177
Operating Income (EBIT)	9793	5609	6162	8706	9554
Interest Expenses	9274	8707	2369	4389	9617
Expenses from other activities	2307	5170	4563	9166	1943
Information Technology Expenses	1174	3384	9683	7092	3148
EBITDA	7536	5792	7279	3554	8898
Taxes	7205	7666	7601	3231	6715
Net Profit	2688	1960	7064	7518	8171
Balance Sheet
Assets	6056	6589	6205	3236	3182
Cash Equivalent	8521	4102	2965	4088	6890
Accounts Receivables	2593	1029	6850	7317	6694
Inventory	5306	5465	2677	8096	2108
Liabilities	5940	1524	4257	6511	5142
Total Debt	6442	8918	6941	1328	9162
Accounts Payable	4818	6679	8700	3456	7221
Equities	2968	7148	5919	1966	7021
Cashflow Statement
Cash from Operating activities	4109	7185	2764	5715	3518
Cash from Investing activities	3381	3490	3660	8065	1522
Net cash from Financing activities	1598	1043	6308	4590	6649

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 12.01%, Funds (largest shareholder) own 74.32%, Angels own 0.65% and Other People own 0.02%. The net worth of Classplus's founders is INR 555Cr as of Jun 05, 2024. The cap table displayed below is for BUNCH MICROTECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Classplus.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	12.01%	555Cr	4144609	7793932	5558221	7996877
Bhaswat Agarwal	770244	294366	773734	280543	262609	411748
Mukul Rustagi	904109	283493	461522	572954	421991	131154
Fund	74.32%	3,440Cr	6477207	8828440	2760733	2998708
Tiger Global Management	9070327	4697371	1420216	1827227	1818444	6187249
Alpha Wave Global	3441984	5836532	1569540	6022770	4899870	2574377
Blume Venture	1603965	2888198	5612190	1777412	1771339	3258123
GSV Ventures	3561437	5591870	6333821	6253494	9947392	7356498
Iron Pillar	0	0	0	0	0	0
Angel	0.65%	30.1Cr	0	0	0	0
Other People	0.02%	96L	0	0	0	0
ESOP Pool	13.00%	601Cr	5606451	6262588	6629754	7544000
Total	100.00%	4,620Cr	8809872	9174721	1759991	7626173

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

Classplus has made 3 investments in companies including GyanDhan and GyanLive. Classplus has also acquired 1 companies including Merak.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 17, 2025	Investments	GyanDhan	2015	Delhi (India)
May 06, 2024	Investments	GyanLive	2019	Gandhinagar (India)
Jan 10, 2023	Investments	Abhinay Maths	2018	Delhi (India)