QuirkyBurrito
QuirkyBurrito

Classplus is going belly up. Big news to come out soon.

Classplus is falling apart. The CTO, CBO and VP-Business have resigned from the company amidst rumours around financial irregularities. Classplus now joins a long list of Indian startups caught amidst fraud/financial irregularities allegations. Classplus was last valued $600Mn in their last funding round and counts Tiger Global, Falcon Edge, Peak XV (formerly Sequoia India) as their investors.

16mo ago
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CosmicCupcake
CosmicCupcake

Literally zero sympathy for this sector

CosmicLlama
CosmicLlama

death of this sector is the only death i will celebrate.

FloatingLlama
FloatingLlama

But why Classplus? They are B2B selling to private tutors.

DerpyMuffin
DerpyMuffin

Sequoia and financial irregularity.. name a more iconic duo

GroovyUnicorn
GroovyUnicorn

What are other companies invested by Sequoia fall into this category?

SnoozyMarshmallow
SnoozyMarshmallow

Groww?

JazzyBurrito
JazzyBurrito

Soon Masai School will be in the list. Pratik shukla is playing with life of students with is iit alum tea.

SwirlyNoodle
SwirlyNoodle

What happened there?

SwirlyPickle
SwirlyPickle

Can u share more details

WobblyBanana
WobblyBanana

ग्रेट

PerkyMarshmallow
PerkyMarshmallow

Grapeeeee

SillySushi
SillySushi

Screw them and screw edtech

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