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July 22, 2022
Edtech startup Classplus on an ambitious growth trajectory post $70M Series D fundraise
Everything You Need To Know in 34 Words
Based in Noida, India, Class plus recently raised $70M as part of a Series D venture capital round. The e-learning startup has experienced a staggering 400 percent growth yearly, attracting attention from VC firms and education providers.
More About Classplus
The Series D venture capital round attracted many funders, including Tiger Global and Alpha Wave Global, giving Classplus a $570 million valuation. The company plans to use its fresh capital for international expansion and to nurture beneficial partnerships.
Classplus provides a platform for teachers and creators to launch their education businesses. The company attracts many Indian entrepreneurs who want to make their name in the education marketplace, and it is eyeing other locations in Southeast Asia.
The popular platform allows teachers in India and around the world to access a growing student body. The best teachers can find promising students who live outside their geographic area, connecting mentors and talent.
Other companies involved in the Series D funding round include RTP Global and Chimera Ventures. These VC firms believe in Classplus’s potential to become a transformative force in the South Asian educational marketplace.
Source: https://yourstory.com/2022/04/edtech-startup-classplus-on-an-ambitious-growth-trajectory/amp
Online learning allows cost-cutting and time savings, delivering programs to more employees for less money. The quality of instruction does not diminish.
Other Related Developments From Around the Industry:
Amphy Software Update 2.0: The Ultimate Stay at Home Learning Platform
Amphy recently upgraded its UI and systems to accommodate better clients that need to book virtual events. The company’s executives enhanced their product to provide an outstanding service to the public and to further the cause of global knowledge sharing.
The company refreshed its interface, bringing video previews to the forefront to allow users to get a taste of their offerings right away. Through fine-tuning its UI, Amphy attracts new customers and makes browsing easier for existing clients.
Amphy recently introduced Hubs, four content-focused areas that make it easier to browse the site. The four Hubs are events, places, classes, and kids.
Corporate E-learning Market Revenue To Cross $450BN by 2028: Global Market Insights
Online learning allows cost-cutting and time savings, delivering programs to more employees for less money. The quality of instruction does not diminish.
E-learning experts convert older digital learning materials like PowerPoints and PDFs into engaging, interactive products. Amphy and other education companies like it have a significant advantage in taking the e-learning market to the next level.
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