B2B edtech startup Classplus invests in Gujarat-based Gyan Live

B2B edtech platform Classplus has made an investment in Gyan Live, a Gujarat-based educational platform specializing in state-level government exam preparation.

With this undisclosed amount, Gyan Live plans to expand its offerings to include central government and school exam preparation in regional languages.

The strategic funding will also enable Gyan Live to leverage Classplus' technology, enhancing the learning experience of their students and expanding their reach.

"We are thrilled to partner with Gyan Live, a company that shares our vision of making quality education accessible to all. We are excited to support their next phase of growth," said Mukul Rustagi, co-founder and CEO of Classplus. 

What does GyanLive offer?

Founded in 2019 by Taral Patel, Mahesh Ahjoliya, and Chetan Patel, Gyan Live provides live classes, recorded lectures, comprehensive study materials, and test series to support students in their exam preparation journey through its app.

Interestingly, The startup has been profitable since its inception and will use the funding to expand its business.

Strengthening market presence

"Over the last few years, Gyan Live has solidified its position in the government exam preparation category in Gujarat, and this partnership allows us to broaden our impact and make our learning solutions available to more and more students in India," said Taral Patel, co-founder of Gyan Live.

"Classplus' expertise in digital learning and cutting-edge tech will be invaluable as we continue to scale and improve our existing offerings," Patel said.

What does Classplus do?

Founded by Mukul Rustagi and Bhaswat Agarwal, Classplus helps educators and content creators launch and scale their online coaching businesses. The company claims to have digitized creators across 3,000+ cities and served 50 million+ students. 

Since its inception, It has raised approximately $150 million+ from global marquee investors like Tiger Global, AWI, RTP Global, Blume Ventures, Sequoia Capital India’s Surge, Spiral Ventures, Strive, Times Internet, and Abu Dhabi-based Chimera Ventures.