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Abhinay Maths Raises Undisclosed Amount From Classplus

The company will utilise the fund to expand its business operations and strengthen its footprint in tier 2 and 3 cities in India

Abhinay Maths Raises Undisclosed Amount From Classplus
(L-R) Bhaswat Agarwal, co-founder, Classplus-Abhinay Sharma, CEO and Founder, Abhinay Maths-Mukul Rustagi, CEO and co-founder, Classplus

Outlook Start-Up Desk

POSTED ON February 03, 2023 2:27 PM

Delhi-based Abhinay Maths raised an undisclosed amount from Noida-based Indian edtech firm Classplus. 

The company will utilise the fund to expand its business operations and strengthen its footprint in tier 2 and 3 cities in India. Additionally, it will spend money to scale its growth across the country. 

With this latest development, Abhinay Maths will be able to utilise Classpus’ table stack and experience in the curriculum domain. On the other hand, Classlpus will diversify its portfolio and user base with this deal. 

Talking about the latest development, Classplus’s CEO (chief executive officer) Mukul Rustagi, said,  “Backed by our investment and technology and his academic expertise, Abhinay Sir has the potential to transform the way students learn and prepare for government exams. As he continues to break down geographical, financial, and resource barriers for students, we are excited to be a part of his journey. We look forward to a long-term partnership with him.” 

“We are thrilled to have the support of Classplus… This strategic investment from Classplus will also allow us to use the leverage of technology and provide cost-effective test prep coaching to millions of government job seekers from tier 2, 3, and 4 cities, where affordability is a major concern,” Abhinay Sharma, CEO of Abhinay Maths, said. 

“This strategic investment from Classplus will also allow us to use the leverage of technology and provide cost-effective test prep coaching to millions of government job seekers from tier 2, 3, and 4 cities, where affordability is a major concern," he added. 

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