Classplus - About the company
Classplus is a series D company based in Noida (India), founded in 2015 by Bhaswat Agarwal, Mukul Rustagi, Nikhil Goel, Vatsal Rustagi and Bikash Dash. It operates as a Developer of application enabling educators to conduct online classes and coaching. Classplus has raised $247M in funding from investors like Tiger Global Management, Alpha Wave Global and Sequoia Capital, with a current valuation of $*****. The company has 988 active competitors, including 32 funded and 36 that have exited. Its top competitors include companies like PowerSchool, D2L and Seesaw.
Company Details
Developer of application enabling educators to conduct online classes and coaching. The application provides tools for teaching, assessments, and communication with students. It facilitates the management of courses and educational content.
- 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
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 | $32M (As on Mar 31, 2024) | 313 (As on Apr 01, 2026) | |
EPSILON EDUVENTURES PRIVATE LIMITED CIN: U80903DL2016PTC290174 , India, Strike off | Jan 27, 2016 | $51.8K (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 $247M over 15 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 26 institutional investors and 23 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 | 8076573 | Series D | 3216816 | 7612314 | 7414301 | 7245944 |
Sep 03, 2022 | 6123933 | Series D | 7247012 | 2680804 | 8057120 | |
Jun 10, 2022 | 2471486 | Series D | 6396235 | 9304897 | 7615962 |
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Classplus' founders and board of directors
Founder? Claim ProfileThe founders of Classplus are Bhaswat Agarwal, Mukul Rustagi, Nikhil Goel, Vatsal Rustagi and Bikash Dash. Mukul Rustagi is the CEO of Classplus.
Here are the details of Classplus' key team members:
- 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
- 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
- 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.
- Bikash Dash: Former Co-Founder of Classplus.
Classplus' Board of Directors
Classplus's board has 2 active members. Bhaswat Agarwal and Mukul Rustagi are part of team.Here is the list of Classplus' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 10m | |
Team | - | Current | 7y 10m |
View details of Classplus's Founder profiles and Board Members
Classplus' employee count trend
Classplus has 689 employees as of Apr 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 PowerSchool, D2L and Seesaw. 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 |  PowerSchool 1997, Folsom (United States), Acquired | Provider of software and cloud-based solutions for K-12 education | $32M | 79/100 | |
2nd | Developer of application enabling educators to conduct online classes and coaching | $247M | 77/100 | ||
3rd | Provider of LMS systems for multiple sectors | $244M | 75/100 | ||
4th |  Seesaw 1994, San Francisco (United States), Acquired | Provider of a learning experience platform for K-6 education | $27.3M | 75/100 | |
5th |  Instructure 1999, Salt Lake City (United States), Acquired | Provider of learning management system and assessment and credential solutions | $105M | 69/100 | |
6th | AI-powered management solutions for educational institutions | $29.6M | 68/100 | ||
7th | LEAD School 2012, Mumbai (India), Series E | Provider of integrated learning system consisting of curriculum, pedagogy, and technology | $172M | 68/100 | |
8th |  CYPHER LEARNING 2015, Plano (United States), Late Stage | Provider of cloud and app-based learning management system for schools and corporates | $40M | 64/100 | |
9th | Provider of K‑12 digital learning solutions | $4.1M | 60/100 | ||
10th |  Skillsoft 1998, Nashua (United States), Public | Provider of e-learning platform | - | 59/100 |
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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 | 9737367 | 6252065 | 1510043 | 9645641 |
332487 | 616168 | 704313 | 789978 | 821309 | 970572 | |
828205 | 848983 | 515351 | 669930 | 757090 | 598636 | |
Fund | 74.32% | 3,440Cr | 7615850 | 4879183 | 4540169 | 1974526 |
0 | 0 | 0 | 0 | 0 | 0 | |
6982728 | 5532411 | 5739783 | 9530684 | 7564327 | 3120185 | |
1784147 | 9354318 | 6207997 | 7602836 | 5461200 | 8876698 | |
2 | 4 | 2 | 4 | 3 | 4 | |
0 | 0 | 0 | 0 | 0 | 0 | |
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 | 8704261 | 4419385 | 3205102 | 9515531 |
Total | 100.00% | 4,620Cr | 5226191 | 1741165 | 7943790 | 9245966 |
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 listMedia has covered Classplus for a total of 4 events in the last 1 year.
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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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