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Classplus, a software-as-a-service (SaaS) platform for coaching institutes, had acquired Saarthi in late 2021, according to a statement. The deal went unannounced until now.
Saarthi’s cofounder Chiraag Kapil and investors have filed a lawsuit against Classplus in the Delhi HC for alleged criminal breach of trust.
Upskilling platform AlmaBetter has raised ₹21.8 crores ($2.7 Million), led by Kalaari Capital and over 15 angel investors and CXOs of marquee technology companies.
Accel and Quona Capital led the $13.4m funding in Shivalik Small Finance Bank.