Mukul Rustagi

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Mukul Rustagi
Born January 5, 1989
Nationality Indian
Alma mater IIT Roorkee (B.Tech)
Occupation Entrepreneur, CEO of Classplus
Known for Co-founding Classplus

Mukul Rustagi is an Indian entrepreneur and the co-founder and CEO of Classplus, one of India’s leading B2B edtech platforms. With a background in engineering and finance, Rustagi has emerged as a key figure in transforming India’s education sector by enabling educators to digitize and monetize their teaching services.[1]

Early Life and Education

Mukul Rustagi was born on January 5, 1989, and grew up with a strong inclination towards academics and technology. He graduated with a Bachelor of Technology degree from the Indian Institute of Technology (IIT) Roorkee in 2013.

Following graduation, he began his career as a Financial Derivatives Analyst at Futures First, gaining critical exposure to market dynamics and strategic thinking.[2]

Entrepreneurial Ventures

In 2015, Mukul and co-founder Bhaswat Agarwal entered the edtech space. Their initial startup faced hurdles and eventually wrapped up operations in 2017. Undeterred, the duo launched Classplus in 2018 with the mission to empower educators through digital transformation.

The Genesis of Classplus

Classplus was created to help teachers, coaching centers, and tutors expand their reach and digitize their services. The platform offers:

  • **White-labeled apps** for educators
  • **Course content hosting**
  • **Secure payments and student management**
  • **Marketing tools** and analytics dashboards

This tech-first model enabled thousands of educators across India to run their businesses efficiently and at scale.[3]

Growth and Impact

Under Mukul’s leadership, Classplus has become a cornerstone of India’s B2B edtech space. It has achieved:

  • Over **1 billion minutes of video content** hosted
  • Presence in **over 3,000 cities and towns**
  • Partnerships with **coaching centers, schools, and freelancers**

The platform empowers educators to build independent digital brands while simplifying administration, communication, and monetization.[4]

Recognition and Accolades

Mukul Rustagi’s contributions have earned him several honors, including:

  • Forbes India 30 Under 30 (2021)
  • Forbes Asia 30 Under 30 (2021)
  • Fortune India 40 Under 40 (2024)

His inclusion in these lists reflects his growing influence in India’s startup and education ecosystems.[5]

Vision and Philosophy

Mukul envisions Classplus as a platform that not only digitizes education but also democratizes access to quality teaching. He believes in:

  • Building a robust community of digital educators
  • Leveraging AI and ML to personalize learning
  • Ensuring affordability and scalability for all educators

His leadership approach emphasizes experimentation, customer-centricity, and team-driven innovation.

Challenges and Resilience

Mukul’s journey has involved overcoming:

  • Skepticism among traditional educators about digital tools
  • Scaling technology across diverse geographies and devices
  • Balancing rapid growth with sustainable product development

Despite these hurdles, Classplus has scaled rapidly while maintaining user trust and product excellence.

Future Aspirations

Looking ahead, Mukul aims to:

  • Expand Classplus internationally
  • Introduce AI-powered learning enhancements
  • Deepen integrations with content creators and edtech tools
  • Offer advanced analytics for learning outcomes and educator performance

His goal is to establish Classplus as the global go-to platform for educator-led digital learning.[6]

Personal Life

Mukul is known for his passion for mentoring young entrepreneurs and frequently speaks at tech and education summits, including ASU+GSV and Entrepreneur India events.

References

DEFAULTSORT:Rustagi, Mukul