Class24 Closes Pre-Series A Round of Funding, Paving the Way for Educational Transformation

New Delhi (India), June 26: In an exciting development for the education technology (EdTech) industry; Class24, a promising EdTech startup, has announced successful completion of Pre-series A round of funding at a valuation of USD 10 Mn led by Plutus Wealth Management LLP and its Managing Partner, Mr Arpit Khandelwal.    

Founded by Mr Bhunesh Sharma in July 2022; Otsadda Private Limited ( )  is a hybrid learning platform which provides online & offline learning solutions to k12, competitive exams / test preparation and skill development aspirants. Previously, Bhunesh had co-founded Wifistudy (one of the largest educational youtube channel in Asia) which was acquired by another leading edtech company in 2018. 

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.   

“Traditional educational models have often struggled 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 personalised learning experiences/solutions that empower learners and teachers alike. Unlike its peers, Class24 has been rapidly scaling up in just 1 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. Currently, Class24 has reached over 1.3 million students app downloads in just 1 year” stated Mr Bhunesh Sharma, Founder & CEO of Class24 

“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” stated Mr Arpit Khandelwal, Managing Partner at Plutus Wealth Management LLP.

If you have any objection to this press release content, kindly contact pr.error.rectification[at] to notify us. We will respond and rectify the situation in the next 24 hours.

Business News Education PNN News Press Release

Paras Foundation presented Paraschandrak Literary Awards

Biggest Award in Gujarati Language Literature Two Lakhs each to the writers of five different categories Ahmedabad (Gujarat) [India], May 28:  The ‘Paraschandrak Arpan Samaroh – 2024’ was organized by the Paras Foundation on May 27, 2024 in Ahmedabad today. This year marks the first edition of the event organized by the Paras Foundation. More […]

Read More
Business Business News PNN News Press Release

Vedanta Aluminium launches Project Kalakriti: A livelihood project for women in Jharsuguda

Jharsuguda (Odisha) [India], May 28: Vedanta Aluminium, India’s largest producer of aluminium, has inaugurated a traditional art and crafts training programme as a part of its project Kalakriti. This initiative has been introduced to foster sustainable livelihoods by training local women in various crafts. It is aimed at promoting and facilitating a revenue model for these women by providing them […]

Read More
Business Business News PNN News Press Release

B3 QSR Launches in Andheri West: India’s Largest Quick Service Restaurant

Mumbai (Maharashtra) [India], May 28: B3 QSR has officially opened its doors in Andheri West, Mumbai, setting a new benchmark as India’s largest Quick Service Restaurant. Spanning an impressive 21,000 square feet, B3 can accommodate 1,500 guests simultaneously, catering to a diverse crowd from teenagers to families. B3 offers a unique dining experience with a […]

Read More