Class24 - Comprehensive Analysis Report

Summary

Class24 is an online education and career portal that provides a comprehensive platform for students and job seekers preparing for competitive examinations in India. Founded in July 2022 by Bhunesh Sharma and operating under OTSADDA PRIVATE LIMITED, the company's mission is to deliver quality education in an accessible and convenient manner, removing geographical barriers. Class24 envisions revolutionizing the learning experience by offering a one-stop solution for exam preparation, specializing in hybrid (online and offline) coaching for a broad spectrum of government job exams and study abroad programs. This positions Class24 as a rapidly growing and significant player in the Indian EdTech industry, dedicated to empowering individuals for career advancement.

1. Strategic Focus & Objectives

Core Objectives

Class24's main business objectives revolve around democratizing access to high-quality education for competitive exam aspirants. Key objectives include:

One-Stop Solution: Providing a comprehensive platform that caters to all aspects of exam preparation, from study materials to mock tests.

Comprehensive Study Materials: Ensuring the availability of rich and up-to-date educational resources.

Expert Guidance: Delivering instruction and mentorship through experienced faculty.

Revolutionizing Learning: Implementing interactive learning methods such as live classes, recorded video lectures, quizzes, and mock tests to enhance engagement and understanding.

Hybrid Learning Model: Offering both online and offline solutions to accommodate diverse student needs and preferences.

Specialization Areas

Class24 specializes in:

Competitive Exam Preparation: Focused coaching for a wide array of government job exams, including national-level exams (SSC, Banking, Railway, IIT, NEET, UGC NET, CTET) and state-specific exams (RAS, SI, LDC, Patwari, particularly in Rajasthan).

Study Abroad Programs: Preparation for international exams like IELTS, TOEFL, SAT, DET, PTE, and GMAT, coupled with university selection and visa counseling.

Experiential and Innovative Learning: Developing projects like "The Drone Project," "Building a Sustainable Golf Cart from Scratch," "Financial Literacy Through Folk Art," and "Education Through Monuments" to offer hands-on, interdisciplinary learning experiences.

Target Markets

Class24 primarily targets:

Indian Students and Job Seekers: Individuals preparing for various government competitive examinations.

State-Specific Exam Aspirants: Candidates focusing on civil service and other government positions within specific Indian states, with a strong emphasis on Rajasthan.

International Study Aspirants: Students aiming to pursue education abroad by preparing for necessary entrance and language proficiency tests.

The company's market positioning strategy emphasizes accessibility, quality content, and a comprehensive learning ecosystem delivered through a hybrid model.

2. Financial Overview

Funding History

Class24 has successfully raised a total of $3.09 million across two funding rounds.

Pre-Series A Round:

Date: June 29, 2023

Amount: Undisclosed, but the round valued the company at USD 10 million (over ₹81.98 crores).

Key Investors: Plutus Wealth Management LLP and its Managing Partner, Arpit Khandelwal.

Fund Utilization: Capital was earmarked for product development, expanding the network of offline schools and colleges through collaborations, and attracting top talent for innovation.

Impact on Company Growth: This round significantly bolstered Class24's capabilities for expansion, technological enhancement, and talent acquisition, directly contributing to its rapid scaling.

Angel Round:

Date: September 14, 2024

Amount: Undisclosed.

As of March 31, 2025, Class24's annual revenue was ₹5.81 crore (approximately $688K USD). The net worth of Class24's founders was INR 116 crore as of September 14, 2024.
Ownership Breakdown: Founders hold a majority stake of 69.28%, Angel investors own 22.44%, Funds account for 3.62%, and an ESOP Pool constitutes 4.11%.

3. Product Pipeline

Key Products/Services

Class24 offers a diverse range of educational products and services tailored for competitive exam preparation and skill development:

Online Coaching Platform:

Description: A comprehensive digital platform for competitive exam preparation.

Development Stage: Active and continuously evolving with new content and features.

Target Market/Condition: Students and job seekers across India preparing for SSC, Banking, Railway, UGC NET, CTET, IIT, JEE, NEET, and various state-level government exams.

Key Features and Benefits: Live and recorded video lectures, comprehensive e-books, lecture notes, practice questions, solved examples, shortcuts, quizzes, mock tests, and interactive doubt-solving sessions. Provides flexibility and accessibility.

Offline Coaching Centers:

Description: Physical coaching facilities complement the online offerings.

Development Stage: Active, with ongoing expansion plans through school and college collaborations.

Target Market/Condition: Students who prefer traditional classroom learning or a blended learning approach.

Key Features and Benefits: Face-to-face interaction with expert faculty, structured classroom environment, peer learning opportunities.

Study Abroad Programs:

Description: Preparation and counseling services for international education.

Development Stage: Active and expanding.

Target Market/Condition: Students aspiring to study at universities abroad.

Key Features and Benefits: Exam preparation for IELTS, TOEFL, SAT, DET, PTE, GMAT; university selection guidance; visa counseling.

Innovative Experiential Projects:

Description: Hands-on learning initiatives beyond traditional academics.

Development Stage: Early to mid-stage, as part of Class24 Innovations.

Target Market/Condition: Students interested in practical skill development and interdisciplinary learning.

Key Features and Benefits: Projects like "The Drone Project" (aerodynamics, flight mechanics, drone assembly), "Building a Sustainable Golf Cart from Scratch," "Financial Literacy Through Folk Art," and "Education Through Monuments" (integrating core subjects with historical site visits).

4. Technology & Innovation

Technology Stack

Class24 leverages a hybrid learning platform, integrating both online digital infrastructure and traditional offline teaching methods.

Core Platforms and Technologies:

Integrated Learning Environment: A proprietary platform featuring live and recorded video lectures.

Mobile Application: A user-friendly app for competitive exam preparation, supporting over 1.3 million downloads in its first year.

Content Management System: For comprehensive study materials including e-books, lecture notes, practice questions, solved examples, and shortcuts.

Assessment Engine: For quizzes, mock tests, performance analysis, and progress tracking, helping students identify strengths and weaknesses.

Interactive Tools: Supports doubt-solving sessions and active student participation.

Proprietary Developments:

"The Drone Project at Class24 Innovations": A hands-on learning program focusing on unmanned aerial vehicles (UAVs), covering aerodynamics, flight mechanics, and drone assembly.

Creative Educational Initiatives: Projects like "Building a Sustainable Golf Cart from Scratch," "Financial Literacy Through Folk Art," and "Education Through Monuments" which integrate practical and cultural learning with academic subjects.

Scientific Methodologies: Employs an interactive pedagogical approach to facilitate active student participation and enhance understanding.

Technical Capabilities: Strong digital content strategy supported by a significant presence on YouTube with over 8 channels and substantial viewership.

5. Leadership & Management

Executive Team

Bhunesh Sharma - Founder & CEO

Professional Background: Bhunesh Sharma possesses extensive experience in the EdTech sector, notably as the co-founder of Wifistudy, one of Asia's largest educational YouTube channels, which was later acquired by a leading EdTech company in 2018.

Notable Achievements: Successfully co-founded and scaled Wifistudy. Established OTSADDA PRIVATE LIMITED, operating Class24, in July 2022. Secured significant funding rounds for Class24.

Key Contributions: As CEO, he drives Class24's strategic direction, emphasizing in-house training, premium content development, robust internal processes, and sustainable expansion strategies. He is instrumental in the company's vision to offer a comprehensive, hybrid learning solution.

Key Educators

Class24 boasts a team of experienced educators who are central to content delivery and student mentorship:

Ganesh Sir: Over 10 years of experience.

Umesh Chouhan: Over 10 years of experience.

Carol Varghese: Over 3 years of experience.

Shipra Chauhan: Over 7 years of experience.

Shubham Sir: Over 4 years of experience.

Rishi Sir: Over 13 years of experience.

6. Talent and Growth Indicators

Hiring Trends and Workforce

Class24 has experienced rapid growth, necessitating an expanding workforce. The company's employee count has been noted at approximately 116 total employees, with another source indicating 78 employees, and a more recent figure of 21 employees as of July 31, 2025. The funding raised by Class24 is partly intended to attract top talent to drive innovation, suggesting an ongoing and strategic recruitment effort.

Key roles being recruited: Expert faculty, content developers, product developers, and professionals to expand the offline network and manage collaborations.

Company growth trajectory indicators: Achieved over 1.3 million app downloads in its first year, demonstrating strong user acquisition. A significant and continuously growing presence across multiple YouTube channels.

Employee sentiment and culture insights: The company's emphasis on in-house training, premium content, and strong internal processes points to a focus on quality and professional development within its workforce.

Company size and expansion metrics: Rapid scaling in user base and digital footprint indicates a high-growth environment.

7. Social Media Presence and Engagement

Digital Footprint

Class24 maintains a strong and active digital presence, predominantly through its extensive network of YouTube channels.

Social Media Activity Across Platforms:

YouTube: Operates over 8 channels, accumulating more than 60 million views in a recent six-month period. This positions Class24 among the top 10 EdTech organizations in the test preparation segment based on viewership and app downloads. Channels focus on educational content for competitive exams, covering key subjects and current affairs.

Class24: 347K Subscribers

JRFAdda: 410K Subscribers

Rajasthan Exams: 68.8K Subscribers

Learn with Bhunesh Sir: 40.8K Subscribers

Commerce by JRFAdda: 31.2K Subscribers

Olympiad by Class24: 570 Subscribers

Brand Messaging and Positioning: Class24's digital strategy reinforces its position as a comprehensive, accessible, and high-quality provider of competitive exam preparation, emphasizing expert guidance and interactive learning.

Community Engagement Strategies: YouTube channels serve as primary platforms for engaging with students, offering free educational content, live doubt-solving, and updates.

Thought Leadership Initiatives: The free content and structured courses on YouTube position Class24 as a thought leader in various exam preparation domains.

8. Recognition and Awards

Industry Recognition

Class24 has quickly gained recognition within the Indian EdTech landscape:

Major Awards and Accolades: Received "The Economic Times Rajasthan Business Awards" for "Best Startup in Education/Edtech" in September 2024.

Industry Rankings and Analyst Mentions: Recognized as one of the top 10 EdTech organizations in the test preparation segment in India, based on metrics such as app downloads and YouTube viewership.

Notable Achievements and Milestones: Achieving over 1.3 million app downloads in its first year and securing significant funding rounds demonstrate its rapid ascent and market impact.

9. Competitive Analysis

Major Competitors

The Indian EdTech market for competitive exam preparation is highly vibrant and competitive. Class24 operates alongside several established players:

UTKARSH CLASSES

Company Overview: Founded in 2002 and based in Jodhpur, India, UTKARSH CLASSES is a prominent provider of online test preparation services. They also operate offline coaching centers.

Focus Areas: Wide range of competitive exams, similar to Class24. Has expanded into private sector placements through "Utkarsh Private Jobs."

Technological Capabilities: Significant online presence with over 11 million subscribers on its main YouTube channel.

Notable Achievements: Annual revenue of $99 million, substantial employee base (707 to 934 employees). Formed a joint venture with PhysicsWallah for expansion.

Competitive Positioning: A well-established and large-scale competitor with a strong hybrid model and broad market reach.

BYJU'S

Company Overview: A major global EdTech platform, based in India, offering a wide array of learning content.

Focus Areas: K-12 education and competitive exam preparation.

Technological Capabilities: Renowned for original video content, watch-and-learn videos, interactive simulations, and a comprehensive app ecosystem.