Abhinay Maths Raises Undisclosed Funding Round from Leading Edtech Startup Classplus
Noida: Abhinay Maths, a renowned educational platform coaching millions of government job aspirants through a YouTube channel and app, announced raising funding from Classplus, India’s leading B2B edtech startup. This funding will be used for business expansion and branding to accelerate the company’s growth and further increase its reach to more students in tier 2 and 3 cities.
The strategic partnership with Classplus will allow Abhinay Maths to leverage cutting edge technology combined with the curriculum expertise to bring impact to millions of government job aspirants across the country. More than 30 million aspirants take such exams every year to partake in the application process for the coveted government jobs across the various administrative verticals.
Founded by Abhinay Sharma in 2017, Abhinay Maths is focused on competitive exam prep for SSC(CGL, CPO, CHSL, etc), Bank(clerk, PO) Railways and several other government exams. Launched as an educational YouTube channel, it quickly became one of the first few education channels on YouTube to reach 1 million subscribers in just eight months and currently has over 2.5 million subscribers. Abhinay Sir, as he is lovingly called by his students, has also launched an app developed by Classplus that already has served over 200 thousand students from more than 500 cities and towns across the country.
“Abhinay Maths is a game-changer in the government exam prep category and Abhinay Sir has an in-depth understanding of the educational needs of grassroots India, what we call Bharat”, said Mukul Rustagi, CEO and Co-Founder, Classplus.
“We are thrilled to have the support of Classplus as we continue to revolutionize the way government job aspirants from small towns and cities prepare for SSC CGL, CHSL and other government exams” said Abhinay Sharma, Founder & CEO of Abhinay Maths. “This strategic investment from Classplus will also allow us to use the leverage of technology and provide cost-effective test prep coaching to millions of government job seekers from tier 2, 3, and 4 cities, where affordability is a major concern.”
This is a first of its kind strategic investment from Classplus, India’s market-leading edtech startup that helps educators and content creators launch and scale their online coaching businesses through their mobile-first technology. “Backed by our investment and technology and his academic expertise, Abhinay Sir has the potential to transform the way students learn and prepare for government exams. As he continues to break down geographical, financial, and resource barriers for students, we are excited to be a part of his journey. We look forward to a long term partnership with him”, added Mukul.