Classplus - About the company
Classplus is a series D company based in Noida (India), founded in 2015 by Mukul Rustagi, Bhaswat Agarwal, Nikhil Goel, Vatsal Rustagi, Bhaswat Agarwal and Bikash Dash. It operates as an Online platform offering a suite of solutions for managing coaching institutes, including attendance tracking and private tutoring courses. Classplus has raised $171M in funding from investors like Tiger Global Management, Blume Venture and Alpha Wave Global, with a current valuation of $*****. The company has 45 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Icono, The Kiap Family and NoodleFlow.
Company Details
Online platform offering a suite of solutions for managing coaching institutes, including attendance tracking and private tutoring courses. It is an education technology platform providing personalized and result-oriented private tutoring courses for students. The platform enables coaching institutes to manage their operations efficiently, including attendance and fee management. It offers a range of features, including course creation and online testing, to support educators and students.
- 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
Post Money Valuation
$***** as on Jun 05, 2024
Investors
Ranked
1st among 45 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
684 as on Aug 31, 2026
Legal entities associated with Classplus
Classplus is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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) |
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Classplus's funding and investors
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 20 angel investors.
Here is the list of recent funding rounds of Classplus:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 18, 2024 | 5678261 | Series D | 3986997 | 8637428 | 5593862 | 4322379 |
Mar 11, 2022 | 5703350 | Series D | 4354364 | 6848139 | 9838584 | |
Jun 10, 2021 | 3452200 | Series C | 7642778 | 6930995 |
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Classplus' founders and board of directors
Founder? Claim ProfileThe founders of Classplus are Mukul Rustagi, Bhaswat Agarwal, Nikhil Goel, Vatsal Rustagi, Bhaswat Agarwal 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. They are also an angel investor in 6 startups and serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Bhaswat Agarwal: Co-Founder of Classplus. They are also an angel investor in 4 startups and serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Nikhil Goel: Former Co-Founder of Classplus. 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.
- Bhaswat Agarwal: Founder of Classplus and founder of 1 other company. They are also an angel investor in 3 startups.
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 |
|---|---|---|---|---|
Team | - | Current | 8y 3m | |
Team | - | Current | 8y 3m |
View details of Classplus's Founder profiles and Board Members
Classplus' employee count trend
Classplus has 684 employees as of Aug 26. Here is Classplus's employee count trend over the years:
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Classplus's Competitors and alternates
Top competitors of Classplus include Icono, The Kiap Family and NoodleFlow. Here is the list of Top 10 competitors of Classplus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform offering a suite of solutions for managing coaching institutes, including attendance tracking and private tutoring courses | $171M | 68/100 | ||
2nd | Provider of digital transformation solutions, training, and support for educational centers | - | - | 29/100 | |
3rd | The Kiap Family 2021, Singapore (Singapore), Unfunded | Online platform offering learning resources and teaching tools | - | - | 29/100 |
4th |  NoodleFlow 2025, Los Angeles (United States), Unfunded | Developer of an AI-powered platform for personalized learning experiences | - | - | 27/100 |
5th |  Knowlify 2025, San Francisco (United States), Unfunded | Provider of a platform converting knowledge into explainer videos | - | - | 27/100 |
6th |  Congruent 2018, United States, Unfunded | Developer of research reproducibility tools, guides, and tailored educational curriculums | - | - | 24/100 |
7th |  Edupollz Unfunded | - | - | - | 24/100 |
8th | Arterus Unfunded | Online platform offering digital learning content | - | - | 24/100 |
9th | Developer of artificial intelligence software for online and offline education | - | - | 24/100 | |
10th | Futurra Group 2016, Limassol (Cyprus), Public | Developer of cross-platform products focused on EdTech, AI, and Lifestyle | - | - | 23/100 |
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Classplus's Latest cap tables and shareholding
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.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 12.01% | 555Cr | 1054504 | 2269596 | 7301306 | 7294701 |
192385 | 808422 | 879086 | 181450 | 796745 | 147290 | |
681329 | 618440 | 800361 | 769907 | 380541 | 592624 | |
Fund | 74.32% | 3,440Cr | 2244087 | 5658844 | 3514212 | 2973242 |
7825104 | 7848229 | 4994999 | 3516831 | 6511010 | 8625415 | |
3696505 | 6574695 | 5944681 | 2297541 | 7605945 | 1518735 | |
9373617 | 5844069 | 1860542 | 9910545 | 2143976 | 8371699 | |
9517957 | 6603923 | 7952448 | 5987148 | 9750464 | 1061248 | |
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 | 2044945 | 2914179 | 9438087 | 9553497 |
Total | 100.00% | 4,620Cr | 2202682 | 4723380 | 4780981 | 8687817 |
To unlock detailed Cap Table of Classplus Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Classplus's Shareholding
Classplus's Investments and acquisitions
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
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 17, 2025 | Investments | 2015 | Delhi (India) | |
May 06, 2024 | Investments | 2019 | Gandhinagar (India) | |
Jan 10, 2023 | Investments | 2018 | Delhi (India) |
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Here is the latest report on Classplus's sector:
News related to Classplus
Filter this list•
Indian education financing firm GyanDhan nets $5.8m series ATech in Asia•Jun 04, 2025•GyanDhan, Pravega Ventures, Classplus
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GyanDhan Secures INR 50 Crore Series A to Scale Education Financing Across Tier 2 & 3 India
StartupTalky•Jun 03, 2025•HBS Alumni Angels Association, SAE, GyanDhan, Classplus and 2 others
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GyanDhan Secures Nearly $6 Million in FundingElets Technomedia•May 28, 2025•GyanDhan, Classplus, Pravega Ventures
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Is Indian Edtech Set for a Comeback After Its Decline?Team Marksmen Network Pvt Ltd•Apr 01, 2025•BYJU'S, UpGrad, Teachmint, Classplus and 3 others
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Byju's fallout lingers but edtech ecosystem bets on long-term benefitsBusiness Standard•Feb 19, 2025•BYJU'S, Physics Wallah, WestBridge Capital, Adda247 and 5 others
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Classplus Launches Polaris School of Technology to Transform Technology Education in IndiaEdTechReview•May 30, 2024•Classplus
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