Classplus, a mobile platform for educators and content creators to launch their online teaching businesses, has appointed Sankalp Aggarwal as the new chief financial officer (CFO) to further strengthen its executive team.
Aggarwal was previously the head of finance with leading music streaming startup Gaana and has been roped in by Classplus to drive fiscal decision making and strategic initiatives for international expansion.
A chartered accountant by qualification, he has previously led corporate finance, budgeting and forecasting, and numerous other financial management responsibilities for high growth companies like Flipkart and FabHotels as their CFO over a career spanning over 15 years.
“We are beyond delighted to attract someone of Sankalp’s caliber and experience to the role of CFO at Classplus. His blend of financial strategy, corporate development and leadership experience is extremely valuable and critical for us at the stage we are. We look forward to working with Sankalp in what is shaping up to be an extremely busy year in Classplus’ growth journey,” said Mukul Rustagi, co-founder and CEO, Classplus.
“I am super excited to step into the CFO role at Classplus and look forward to building on their momentum and strong business fundamentals,” said Aggarwal on his appointment.
Classplus has shown rapid growth in the last 18 months by raising four rounds of funding in that duration alone and enabled a digital identity for 100,000 teachers who are using the platform to teach over 25 million students across 3000 plus cities in India.
The startup raised $65 million in a Series C round led by Tiger Global, GSV Ventures, and Alpha Wave Global in June 2021. Recently, Classplus also appointed Manish Chawla, previously VP of Engineering at Zomato, as their new CTO to scale engineering capabilities for Classplus’ global growth.