Exam Preparation App Class24 Closes Pre-Series A Round at $10M Valuation

Class24, a leading best online learning platform in India dedicated to providing the best preparation resources for government job exams, has announced the completion of a pre-Series A round of funding at a valuation of $10 million (over ₹81.98 crores).

Founded by Bhunesh Sharma in July 2022, Class24 is a hybrid learning platform which provides online & offline learning solutions to K12, competitive exams/test preparation and skill development aspirants. The startup aims to endow students and job seekers with a common platform to study so that they may get prepared for various competitive exams.

It also offers a wide range of high-quality programs designed to cater to the unique learning needs of students. Its courses are structured to provide subject-wise and exam-wise preparation, ensuring comprehensive coverage of all relevant topics. To make the learning experience engaging and interactive, Class24’s courses feature a variety of learning modes, including video lessons and interactive quizzes.

Speaking about the company, Founder & CEO of Class24, Bhunesh Sharma, said:

Traditional educational models often need help to adapt to the changing needs of students and educators. As a result, innovative startups like class24 have emerged to bridge the gap between traditional education and technological advancements, offering a range of accessible and personalized learning experiences/solutions that empower learners and teachers alike. Unlike its peers, Class24 has been rapidly scaling up in just one year owing to its sharp focus on in-house training, premium content, strong internal processes & systems instead of basing the company’s foundations on only Educators. Class24 has reached over 1.3 million student app downloads in just one year.

This achievement marks a significant milestone in the company’s journey, which is poised to accelerate its expansion plans and further enhance its innovative tech-backed solutions/platform to shape the future of education in India. The funds will be instrumental in fuelling product development, expanding offline schools & colleges network/collaborations, and attracting top talent to drive innovation.

Arpit Khandelwal, Managing Partner of Plutus Wealth Management LLP, commented:

Class24 is well placed with its experienced team, sustainable expansion strategy and win-win approach for its partners to scale up aggressively in edtech in India. We are excited to participate with the highly seasoned team of Class24 in its transformative tech-based journey.

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