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Indian Startups
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QuirkyBurrito
QuirkyBurrito
Stealth

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.

19mo ago
CosmicCupcake
CosmicCupcake
Stealth19mo

Literally zero sympathy for this sector

CosmicLlama
CosmicLlama
Freelancer19mo

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

FloatingLlama
FloatingLlama
Stealth19mo

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

DerpyMuffin
DerpyMuffin
Quizizz19mo

Sequoia and financial irregularity.. name a more iconic duo

GroovyUnicorn
GroovyUnicorn
Stealth19mo

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

SnoozyMarshmallow
SnoozyMarshmallow
Stealth19mo

Groww?

JazzyBurrito
JazzyBurrito
Stealth19mo

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

SwirlyNoodle
SwirlyNoodle
Stealth19mo

What happened there?

SwirlyPickle
SwirlyPickle
Stealth19mo

Can u share more details

WobblyBanana
WobblyBanana
Stealth19mo

ग्रेट

PerkyMarshmallow
PerkyMarshmallow
Razorpay19mo

Grapeeeee

SillySushi
SillySushi
Stealth19mo

Screw them and screw edtech

FloatingNugget
FloatingNugget
Stealth19mo

They asked me to center a div for internship, karma always hits back

FuzzyMarshmallow
FuzzyMarshmallow
Stealth19mo

What’s the update? Nothing seemed to have happened. We were going to write a full blown article about it but seems like the news is fake

PrancingMochi
PrancingMochi
Stealth19mo

keep digging

ZestyDumpling
ZestyDumpling
Times Internet19mo

Are you an employee or ex employee? Anyone from the company

ZestyQuokka
ZestyQuokka
Stealth19mo

There is no CBO at classplus. Who has resigned ? Name of VP and CBO pls ?

PrancingWaffle
PrancingWaffle
Stealth19mo

I have an offer to join in testbook, acquired by classplus. @Jghfdsyipouhgxd Worth taking the offer in these times?

ZestyPenguin
ZestyPenguin
Stealth19mo

Testbook is acquired by classplus. Ye kab hua?

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