India’s edtech startup Classplus raises $70M at a valuation of $570M
2022-03-30 16:14:00

Classplus, an Indian edtech startup which helps educators and content creators launch online courses, has recently raised $70 million led by Alpha Wave Global and Tiger Global, and joined by new investor Chimera Ventures and existing investor RTP Global. According to TechCrunch, the company is now valued at $570 million.

The edtech startup said it will deploy the fresh funds to expand its global presence and invest in new acquisitions and partnerships.

Founded in 2018, Classplus is a mobile-first SaaS platform that enables educators and content creators to build their online presence, digitize their offline tuition centers and sell their courses online.

The platform said it has seen adoption from academic educators from K-12 and exam preparation categories along with non-academic content creators from categories like fitness and lifestyle, personal finance, language training and programming among others.

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