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Indian startups raise $12 billion till June SECTIONS Share Synopsis Indian startups raised $12.1 billion from venture capitalists and private equity firms in the first six months this year, beating the last calendar year’s overall funding by $1 billion, Venture Intelligence data shows. ETtech Illustration: Rahul Awasthi Mumbai: Indian startups raised $12.1 billion from venture capitalists and private equity firms in the first six months this year, beating the last calendar year’s overall funding by $1 billion, data compiled by Venture Intelligence shared with ET showed. The continued flow...

Over $237 Mn raised By Indian startups led by ClassPlus. BYJU's and GoMechanic this week as the month of June winds down

Tiger Global is in talks to lead a $30 million round in Indian edtech startup Classplus, according to sources familiar with the matter. The new round, which includes both primary investment and secondary transactions, values the five-year-old Indian startup at over $250 million, two sources told TechCrunch. The new round follows another ~$30 million investment […]

Tiger Global is in talks to lead a $30 million round in Indian edtech startup Classplus, according to sources familiar with the matter. Classplus -- which has built a Shopify-like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online -- also raised $10.3 million in September last year from Falcon Edge’s AWI, cricketer Sourav Ganguly and existing investors RTP Global and Blume Ventures. Classplus didn’t respond to a request for comment.

B2B edtech startup Classplus, which raised three rounds of funding in 2020, saw its tutor base grow 10X and topline surge 400 percent in the pandemic.