“TAKING A leap of faith is a verb. We took it in our naiveté of 25-year-olds,” says Mukul Rustagi, co-founder and CEO, Classplus.
Run by friends Mukul Rustagi and Bhaswat Agarwal (co-founder and COO), Classplus offers teachers running tuition centres or online teaching modules a secure online software, even a website and an app for courses and content to marketing support, in exchange for an annual fee. The firm designs software on which a neighborhood teacher or creator can run their websites and apps. It charges SAS fee as well as a small percentage of the revenue generated by the creator.
Almost 25 million students use the platform offered by Classplus. Revenues have grown from ₹45 crore in FY22 to ₹149 crore in FY23. The company has onboarded 20,000 creators, including those selling yoga, astrology courses, spoken english, personality development, and even farming.
The team at Classplus also curates strategies to help tutors/creators grow — from venturing online to publishing their courses, pricing, content curation and reaching a global audience. — Gina Krishnan