B2B ed-tech startup Classplus said it had raised $70 million in a Series D round co-led by Alpha Wave Global and Tiger Global.

Founded in 2018 by Mukul Rustagi and Bhaswat Agarwal, Classplus is a mobile-first SaaS (software-as-a-service) platform that allows educators and content creators to build their online presence, digitise their offline tuition centres and sell their courses online.

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The startup said that funds would enhance the product and expand its global presence. Class plus recently announced expansion in Southeast Asian markets, including Singapore, Vietnam and Malaysia.