India-based SaaS platform Classplus has raised $65 million in a Series C round led by Tiger Global. GSV Ventures, along with existing investors Alpha Wave Incubation, Blume Ventures and RTP Global also participated in the round.
"With this growth financing, we aim to build the best-in-class products for educators, build great engineering teams, and grow geographically. We are hiring aggressively across engineering, product, and business roles”, said Mukul Rustagi, CEO and co-founder, Classplus.
Founded in 2018, Classplus enables coaching centers, individual tutors and online content creators to streamline communication, launch cohort-based live courses, and manage student communities. The solution also helps educators deliver live lessons, automate their daily tasks, run student engagement programmes, along with building and marketing their online courses.
Classplus said 100,000 tutors across 1,500 cities have used its platform to serve more than 20 million students.