Classplus raises $65M in series D funding led by Tiger Global and Peak XV Partners to drive profitability and expand content creator offerings.
Classplus raises $65M in series D funding led by Tiger Global and Peak XV Partners to drive profitability and expand content creator offerings.
06/02/24, 11:41 AM
Location
bengaluruMoney raised
$65 million
Round Type
series d
Investors
Sequoia Capital India, Blume Ventures, Peak Xv Partners, Tiger Global
Classplus has raised $65 million in a series D funding round, valuing the company close to USD 565 million. The firm is on the verge of profitability, driven by improved operational efficiencies and aims to enhance its content creator offerings through acquisitions and strategic partnerships.
Company Info
Location
bengaluru, karnataka, india
Additional Info
The company will also use the funds to expand to international markets. The firm is valued at around $140 million, according to reports. Founded in 2018, Classplus is a mobile-first platform that enables educators to take their offline institutes online.