Ever since a student is in school, his family members put him in a competitive world. We are what we tell our children that if you study well then you will come first. This means that we have been given competitive spirit pulses to children since childhood.
That is why because of all these, the student works very hard. That is why you must have seen around you that children are also taught in school and also taught in tuition.
If you see in today's date, then children are joining tuition very much. Even near my house there are students who attend tuition on per day 5 classes
I mean you can see this graph below where Rahul is a good student and he is always connected with his teacher.
And if you look in the other way, Ravi who does not study well in class and is not always connected with the teacher. I think you understand well what i want to say.
Company Details
| City: | Noida |
|---|---|
| Founders: | Bhaswat Agarwal, Bikash Dash, Mukul Rustagi, Nikhil Goel, Vatsal Rustagi |
| Founded: | 2018 |
| Industries: | B2B, E-Learning, EdTech, Education, Mobile Apps, SaaS |
| Number of employees: | 101-250 |
| Revenue: | $95.2M (FY22) |
| Official Website: | classplusapp.com |
Students today we are going to talk about one such platform. Where this platform helps students and teachers to enhance their performance.
About Classplus
Wherever you talk about student performance, managing class attendance, managing payments, this platform allows you everything. And if you are a student too, if you look from the point of view, then here you will find great teachers on this platform.
ClassPlus Founder
Where you will find even the best teachers from the best of India here. And you don't even have to go anywhere.And if you don't understand anything. so you can talk with 1 to 1 teacher.
Classplus was started in 2018. And Classplus was created by two friends named Mukul Gustakhi and Bhaswat Aggarwal.
And of them have engineering graduates. If we want to know about their startup story, then you can read below.
Startup Story Of Classplus
If we know about their status story, then a few years back both of them studying in a institution to clear JEE Advanced therefore both of them studying in a institution.
Then the institution where both of them used to take coaching, the institution which was closed 10 months before JEE Exam. Know the reason for the closure of For Institution. Huh the institution was not able to manage the data of all the children, that's why that institution got closed.
At the same time an idea came to the mind of both of them. And both of them committed that they will make the Indian education system better. After this, when both of them cleared their engineering, then both of them started their startup Classplus In 2018.
Here we have come to know about the startup story of Classplus, now here we will know what is its business model.
Classplus Official Website
Official Website Of Classplus
Classplus Social Media Account
Classplus Facebook Account
Classplus Instagram Account
Classplus Youtube Channel
Business Model Of Classplus
If you look at the business model of Classplus, then all the offline tutors are there in the local area. Helps all of them to get their Institution online. From the time of all these, offline classes now shift to online. And this also increases the online presence of Tuition.
If you take your coaching center online. What will happen that your reared will increase.
And if you are a very good teacher. So you will be able to teach in India as well as you will be able to teach globally. So if you look at all these factors. So you can understand how classplus changing the Indian education system.
Even now you will see for a few years.Class plus out of India is also becoming very popular. Classplus also provides a platform to the teacher where he/she can track all the data of the students.
They get to know everything on their dashboard.
They also get to know which child is not able to do which number of maths. and which child should improve on which subject, it will also show them on their dashboard.
Now we will know further how classplus earn money
Revenue Model Of Classplus
ClassPlus Work On Subscription Based Model. This Company takes subscription fee for its software/maintenance from teacher.
The software on which the teacher can track the performance of the student. Example:- How much time did a child spend on the platform? And which activity did you do on the platform? They get all this stuff on their dashboard.
This Platform Basely Charges Rs.15000 To Rs.60000 Per Annum. So friend this was the revenue model of the company. Now we will know further know about the company's user and growth. If you see in today's date, classplus has more than one lakh teachers on their platform.And there are so many students around 35 million on their platform.
And it is currently available in more than 2000 cities.And this platform is currently being used more in the city than in both the main tier 2 and tier 3. If we look at the current date, the valuation of Classplus is around $600 million.
And it will be joining the Indian Unicorn 🦄 track very soon. and this platform is the only reason to become so popular on the market in such a short time.
COVID-19
Yes friend you must be thinking what did he say this bro. If you see, whatever startup is becoming popular in today's date. Around 22 To 50% credit goes to COVID-19.because after pandemic people are get back to online. and online user also increasing day by day.
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Even there are many other EdTech startups like this that have helped children for their studies. In the same day of call, Classplus has launched a platform named ClassPlus Lite. Where teachers teach there students absolutely free. Where you don't have to take any subscription.
So friend this was the full startup secret of Classplus. And friend if you liked this content and want to see more such content in future also.
So you can follow us on YouTube or Other social media Platforms. Friends, I keep posting such content on my website daily, that's why you can check out our website every day. You will get amazing content daily.😉👍
2 Comments
Hidden Startup Secrets Of Classplus | Classplus Business Model
ReplyDeleteSo, friend if you haven't seen this post yet, then you can see it by clicking here.
For More Such Startup Success Story Visit Growwithmarkets
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