Tutoring Platform Classplus Raises $9 Million
Summary
• India-based Classplus announced it raised $9 million in funding led by RTP Global India-based Classplus, a company that has developed a platform for coaching centers to accept fees from students and deliver classes, announced it has raised $9 million in funding led by RTP Global, according to TechCrunch. “We are serving these hyperlocal tutoring centers that are present in nearly every nook and cranny in India. Anyone who was born in a middle-class family here has likely attended these tution classes,” said Classplus co-founder and CEO Mukul Rustagi via TechCrunch. And more than 500 started using the in April after the government in India ordered to shut down schools to slow down the COVID-19 pandemic. We are happy to back the company with this important mission, and have Classplus as our first edutech bet in India,” added Kirill Kozhevnikov, a partner at RTP Global.