Ending all speculations after sending a cryptic tweet, <keyword id="6354756" type="General" weightage="50" keywordseo="bcci" source="Orion">BCCI</keyword> President <keyword id="6359039" type="General" weightage="80" keywordseo="sourav-ganguly" source="Orion">Sourav Ganguly</keyword> on Thursday joined hands with Noida-based <keyword id="1464841" type="General" weightage="50" keywordseo="edtech" source="Orion">edtech</keyword> startup Classplus to promote thousands of educators and content creators. <keyword id="6505" type="General" weightage="100" keywordseo="ganguly" source="Orion">Ganguly</keyword> also took to social media to announce this initiative, upon completing 30 years in Indian cricket. In the 30-second clip, Ganguly is heard saying, "The first step towards achieving your dreams is having the right coach." Classplus has claimed to have digitised over one lakh educators and content creators across more than 3,000 cities serving 30 million students, assisting them in building their online presence and selling their online courses. "With Dada (Ganguly) himself by their side, we hope to help these edupreneurs further grow their reach and take their business to newer heights," said <keyword id="3952423" type="General" weightage="50" keywordseo="mukul-rustagi" source="Orion">Mukul Rustagi</keyword>, CEO and Co-Founder, Classplus. The startup recently bagged $70 million in a Series D funding round, co-led by Alpha Wave Global and Tiger Global and is currently valued at close to $600 million. Classplus helps educators and content creators launch and scale their online coaching business. Since its inception in 2018, the startup has raised approximately $160 million from global investors like Tiger Global, AWI, <keyword id="7560809" type="General" weightage="50" keywordseo="rtp-global" source="Orion">RTP Global</keyword>, Blume Ventures, Sequoia Capital India's Surge, Spiral Ventures, Strive, Times Internet and Abu Dhabi-based Chimera Ventures. On Wednesday, after sparking speculations of a possible political debut with a cryptic tweet, Ganguly sought to dispel the rumours and clarify on his next venture. After a few hours of leaving people guessing, Ganguly himself made it clear late that it is not politics, but an educational app that will be his new venture. However, his Twitter message had enough ingredients to give rise to speculations that he might be ending his cricketing innings and making debut in politics.

BCCI President Sourav Ganguly joins hands with edtech startup 'Classplus'

<img class="gwt-Image" src="/photo/56000813.cms" />At a time when <a href="http://www.businessinsider.in/Byju-opens-up-about-meeting-Chan-Zuckerberg-initiative-international-plans-and-how-he-chooses-teachers-for-the-app-/articleshow/54250709.cms">Ed-tech firms</a> are eyeing investments to scale up, <keyword id="6354576" type="CITY" weightage="20" keywordseo="Facebook">Facebook</keyword> pumped $50 Million into a <a href="http://www.businessinsider.com/interview-byju-zuckerberg-chan-india-2016-9?IR=T">Bangalore Ed-Tech startup </a><a href="http://www.businessinsider.com/interview-byju-zuckerberg-chan-india-2016-9?IR=T">Byjus</a><a href="http://www.businessinsider.com/interview-byju-zuckerberg-chan-india-2016-9?IR=T"> </a>earlier this year making it clear that the social networking giant saw growth and development of startups working in the education sector in India. 
 It has further emboldened its belief by now investing in a tutor enablement platform, <keyword id="3951789" type="UNKNOWN" weightage="20" keywordseo="XPrep">XPrep</keyword>, under its global programme, FBStart. 
 <keyword id="3905190" type="UNKNOWN" weightage="20" keywordseo="FbStart-programme">FBStart programme</keyword> is helping early stage mobile startups in growing and expanding services. Xprep has received $40,000 worth of credits and services from Facebook and its partners like AWS, <keyword id="285445" type="COMPANY" weightage="20" keywordseo="Dropbox">Dropbox</keyword>, Adobe and MailChimp. It has also earned access to a community of developers and mentorship from the Menlo Park-headquartered team of FB engineers. 
 Taking a cue from the hardships faced during their coaching days, IIT Roorkee alumnus <keyword id="3952423" type="UNKNOWN" weightage="20" keywordseo="mukul-rustagi">Mukul Rustagi</keyword> and NSIT alumnus Bhaswat Agarwal decided to start XPrep in September 2015. It was also one of the finalists of this year’s Unitus Seed Fund and Sylvant Advisors’ StartEdu programme. 
 
The platform is as of now trying to fill the gap within the tutor-parent community by establishing a continual and seamless engagement within the student-parent-tutor ecosystem. 
 
It is enabling parents to monitor their child’s progress during the course of tuition while helping tutors serve their batches efficiently and scale their business. XPrep equips its tutors with a mobile app to assist them in conducting their classroom and communicating with the parents in a transparent manner, all at their fingertips. The mobile app lets tutors perform daily tasks like sending out announcements, conducting their quizzes and notifying their classes using the app’s automation techniques. 
 
Mukul Rustagi, CEO, XPrep, says, “There lies a huge opportunity in supplementing the assistance based offline education system using online technologies. We have to provide the kids with the best of both worlds. Paying customers are a testimony to our product and we aim to build better going ahead. FBStart is going to help us achieve this goal faster. ” 
 
Mukul added that FBStart will help them bring down technology costs considerably. “This money can then be redirected to our marketing and team building activities which will, in turn, help us embark on a higher growth trajectory,” he said. 
 
XPrep has acquired a base of 100+ tutors and 6,000+ students across Delhi NCR and plans to expand to other cities soon. "Enabling tutors to increase their efficiencies, scale up their business and monetising the incremental delta of the customer experience while catering to the fulfilment feeling among the parents" - This is the vision that XPrep aims to achieve over the next few months. 
 
We hope they achieve much more than what they have set out for.

Meet the Team Behind XPrep, the Young Ed-Tech Firm which just got funded by Facebook

<ul><li><keyword id="6251606" type="General" weightage="20" keywordseo="classplus" source="Orion">Classplus</keyword> is among the highest valued Indian <keyword id="2989202" type="General" weightage="20" keywordseo="edtech-startups" source="Orion">edtech startups</keyword> outside of the unicorn club.</li><li>The edtech startup on Tuesday announced its $70 million funding round co-led by Alpha Wave Global and Tiger Global.</li><li>It is a mobile-first SaaS platform that allows educators and content creators to build their online presence.</li><li>The company claims to have more than 100,000 educators and content creators from over 3,000 towns and cities.</li></ul>Classplus — a company that helps educators and content creators launch online classes — is now valued at $600 million. The edtech startup on Tuesday announced its $70 million funding round co-led by Alpha Wave Global and Tiger Global. With this, Classplus is among the highest valued Indian edtech startups outside of the unicorn club. A unicorn is a private company valued at or over a billion dollars. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"><colgroup></colgroup><col /><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Companies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Valuation </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Backers </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Scaler Academy </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$710 million </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tiger Global, Sequoia India </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Classplus </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$600 million </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Alpha Wave Global, Tiger Global </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">BrightChamps </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$500 million </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Premji Invest, Flipkart’s Binny Bansal </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Teachmint </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$500 million </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Lightspeed, Better Capital </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>Source: Company Announcements Abu Dhabi-based Chimera Ventures also joined Classplus’ Series D round, along with existing investor RTP Global. The company plans to use this capital to enhance its product and further expand its global presence. “We’ll be deploying the freshly infused funds to take our product up by notches and expand our presence globally. Going forward, we’ll also be investing in new acquisitions and partnerships that will enable us to continue delivering best-in-class experience to the educators and helping them create an impact in the education system by building bigger and stronger businesses,” Mukul Rustagi, chief executive officer (CEO) and cofounder of Classplus, said. Classplus was founded in 2018 by Bhaswat Agarwal and Mukul Rustagi. It is a mobile-first software-as--a-service (SaaS) platform that allows educators and content creators to build their online presence, digitise their offline tuition centres and sell their courses online. It focuses on both academic and non-academic courses like fitness and lifestyle, personal finance, language training and more. The company claims to have more than 100,000 educators and content creators from over 3,000 towns and cities. Classplus <a href="https://www.businessinsider.in/business/startups/news/teachmint-has-acquired-3-startups-airlearn-teachmore-and-teachee-this-month/articleshow/88560790.cms">competes with Teachmint</a> and Zoho’s<a href="https://www.businessinsider.in/business/news/zoho-is-selling-its-video-calling-app-in-as-many-ways-as-possible/articleshow/88137006.cms"> latest offering TainerCentral</a>. Devendra Agrawal, founder and CEO of Dexter Capital Advisors, in a <a href="https://www.businessinsider.in/business/startups/news/india-now-has-four-edtech-unicorns-byju-unacademy-eruditis-upgrad/articleshow/85300757.cms">previous conversation </a>with Business Insider highlighted that players like Teachmint and Classplus have the potential to be India’s next unicorns. SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/tata-power-icici-bank-aurobindo-pharma-among-stocks-to-watch-out-for-on-march-29/slidelist/90507868.cms">Tata Power, ICICI Bank, Aurobindo Pharma among stocks to watch out for on March 29</a> <a href="https://www.businessinsider.in/personal-finance/news/link-pan-with-aadhaar-before-march-31-to-avoid-any-penalty-or-other-consequences/articleshow/90510078.cms" data-type="tilCustomLink">Three days left to link PAN with Aadhaar to avoid any penalty or other consequences</a> <a href="https://www.businessinsider.in/tech/apps/news/india-might-be-building-a-super-app-for-its-farmers-combining-weather-market-updates-advisories-and-more-in-one-app/articleshow/90509756.cms">India might be building a super app for its farmers, combining weather, market updates, advisories and more in one app</a>

Classplus is now among the highest valued edtech startups outside of the unicorn club

<ul><li>This is the fourth round of funding raised by the Delhi NCR-based startup in the last 15 months.</li><li><keyword id="6251606" type="UNKNOWN" weightage="20" keywordseo="classplus">Classplus</keyword> was founded in 2018 and helps tutors take their traditional classes online.</li><li>It has close to 100,000 tutors on its platform, teaching 20 million students across 1,500 cities in <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>.</li></ul>Edtech startup Classplus, which helps tutors go online, has raised $65 million in Series C funding round led by US-based <keyword id="526777" type="COMPANY" weightage="20" keywordseo="Tiger-Global">Tiger Global</keyword>. This is the fourth round of funding raised by the Delhi NCR-based startup in the last 15 months. GSV Ventures, along with existing investors Alpha Wave Incubation (AWI), Blume Ventures and RTP Global also participated in the Series C round. Overall, Classplus has raised over $85 million in funding to date, from investors like Sequoia Capital’s accelerator programme Surge, Times Internet and former cricketer <keyword id="6359039" type="PERSON" weightage="20" keywordseo="sourav-ganguly">Sourav Ganguly</keyword>. Classplus offers a mobile-first software that allows coaching institutes, tuition centres and private tutors to take their traditionally offline classes online. The company claims to serve a user base of 20 million students and 100,000 tutors across 1,500 cities in India. About 80% of the educators on the platform are from Tier-2 and beyond regions. “A typical educator is able to grow its student base from 100 to 1200 students within 8-10 months of using Classplus. The platform has seen massive success stories of educators generating 5x [five times] of their usual incomes within a year of starting up,” the company claimed in its press note. It also claims to help tutors increase their profitability by 2 times to 3 times within 6 months of using the platform. The company’s software solutions allow tutors to run their coaching, communication, assessments, payments, and student engagement programmes through their mobile solutions. Classplus was founded in 2018 by Mukul Rustagi and Bhaswat Agarwal. The company’s chief executive (CEO) and cofounder Rustagi said, “We are on a mission to ensure that every educator can go online and connect with their students across the world. The power of educators has historically been confined to their local neighbourhoods.” The company intends to use their capital raise to build on their product capabilities, grow geographically and expand their engineering team. The company will be hiring aggressively across engineering, product and business roles. Classplus competes with Bengaluru-based edtech startup Teachmint, which also enables teachers to conduct online classes through two-way interactive learning solutions with video sharing and more. The platform was<a href="https://www.businessinsider.in/business/startups/news/byjus-backer-lightspeed-india-invests-in-a-live-tutoring-platform-teachmint/articleshow/78924152.cms"> founded in 2020</a> and has raised $20 million to date from marquee investors like Better Capital, Lightspeed India Partners, Learn Capital and more. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/upside-ai-raises-1-2-million-in-seed-funding-to-help-indians-invest/articleshow/83713098.cms" data-type="tilCustomLink">Personal investment platform Upside AI raises $1.2 million in seed funding to help Indians make money</a> <a href="https://www.businessinsider.in/business/startups/news/james-murdoch-plans-to-raise-150-million-from-ultra-rich-to-invest-in-indian-startups/articleshow/83709567.cms" data-type="tilCustomLink">James Murdoch plans to raise $150 million from ultra rich to invest in Indian startups</a> <a href="https://www.businessinsider.in/business/startups/news/sharechat-around-200-existing-and-former-employees-will-be-eligible-to-participate-in-the-esop-buyback-plan/articleshow/83638787.cms" data-type="tilCustomLink">Sharechat employees will make $19 million out of the latest ESOP plan, as growth spikes in the absence of TikTok</a><h1 style="margin-bottom: 10px; padding-bottom: 15px; border-bottom: 1px solid rgb(238, 238, 238); font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 1.6rem; line-height: 1.2em; font-family: LabGrotesque-Black, Helvetica, Arial, sans-serif; vertical-align: baseline; color: rgb(17, 21, 22); background-color: rgb(255, 255, 255);"></h1>

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BCCI President Sourav Ganguly joins hands with edtech startup 'Classplus'

IANS

Meet the Team Behind XPrep, the Young Ed-Tech Firm which just got funded by Facebook

Anushree Singh

Classplus is now among the highest valued edtech startups outside of the unicorn club

Kritti Bhalla

Edtech startup Classplus raises $65 million led by Tiger Global to bring more tutors online

Kritti Bhalla