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Classplus has raised $70 million in its most recent round of fundraising. The funds will be used to expand the edtech startup's global presence, as well as to fund new acquisitions and collaborations. Bengaluru-based edtech startup Classplus , which assists educators and content creators in launching online courses, has raised $70 million in its most recent round of funding, which was co-led by Alpha Wave Global and Tiger Global. Following the newest fundraising round, Classplus' valuation is believed to be around $600 million. The latest round of growth funding comes just eight months after the company raised $65 million in June of last year. Chimera Ventures, based in Abu Dhabi, has joined the newest round as a new investor, while old backer RTP Global has doubled down and participated in the fundraising. The fresh funds will be used to expand Classplus's global reach while also investing in new acquisitions and collaborations, according to the comp...

Classplus is raising around $62 million in a fresh round of funding. The edtech startup's existing investors Alpha Wave Ventures and Tiger Global are leading the round. Delhi NCR-based edtech startup Classplus has raised INR 474 Cr (almost $62 Mn) in a new round of funding headed by current investors Alpha Wave Ventures and Tiger Global, according to regulatory records. Alpha Wave Ventures and Tiger Global will each invest INR 158 Cr (about $20.6 Mn). Chimera Investment of Abu Dhabi and current investor TRP Global Partners are also taking part in the deal, in which is allocating a total of 11,251 Series E CCPS. As more fresh investors join in, the round size may grow even larger. The current transaction appears to be Classplus' Series D investment round, and it comes eight months after the company raised $65 million in its Series C funding round. Tiger Global led the Series C financing, which included GSV Ventures, Alpha Wave Incubation, Blume Venture...