Edtech startup Classplus on an ambitious growth trajectory post $70M Series D fundraise

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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.

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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

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