openPR Logo
Press release

Flex Class Holdings Inc. Now Operates on a Business Model to Refund Fees to Its Students

05-09-2017 02:33 PM CET | IT, New Media & Software

Press release from: Flex Class Holdings

Flex Class Holdings Inc.

Flex Class Holdings Inc.

Flex Class Holdings Inc. has secured equity funding of US $1.22 million from the Dubai based technology investor. This funding is a part of US $6.90 million equity offering which the company announced on April 12, 2017, out of which the company was able to sell 82.36% of the offered shares thus raised US $5.68 million (@US $21.61 per share). The remaining portion was subscribed on May 5, 2017 and the company has raised US $1.22 million, the total offering is now subscribed.

The interesting part is that the company raised US $5.68 million at US $1.43 billion valuation, however, due to the extensive demand of the company's stock the share price surged 71.17% in the private markets within one month, adding US $1 billion to the overall market cap.

The company raised this US $1.22 million @ $36.99 per share, the valuation of the company is now US $2.44 billion which is Rs.16,226 crore (Indian currency). The company will be filing for US listing in the first week of June and may conclude its listing by the first week of September, 2017.

Flex Class will expand in India and will launch an Indian version of its website.

Flex Class will also acquire schools in India and may set up a Flex University in Sonepat, Haryana, India.

Flex Class Holdings Inc., a Delaware-based online skill development company, started to operate on a business model wherein it refunds the fees to its students when they completed their short term online skill development program. The company is now providing courses especially within the field of finance and would be soon introducing technology courses.

www.flexclass.org is an online learning platform. It is aimed at professional adults who want to add new skills to their resumes.

No Flex Class courses are currently credentialed for college credit; students take courses largely as a means of improving job-related skills. Some courses generate credit toward technical certification. Flex Class has made a special effort to attract corporate trainers seeking to create coursework for employees of their company.

Flex Class Holdings Inc.
Postal Address: 16192, Coastal Highway, Lewes, Delaware, USA
Press Contact: Rana Bahadur
Email: help@flexclass.org
Web: www.flexclass.org

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Flex Class Holdings Inc. Now Operates on a Business Model to Refund Fees to Its Students here

News-ID: 529029 • Views:

More Releases from Flex Class Holdings

Flex Class Edustars Security Token Contract Goes Live
Flex Class Edustars Security Token Contract Goes Live
Flex Class, the world’s first artificial intelligence based online education business has went live with its token creation on the Ethereum blockchain (ERC20) for its proposed $250 million security token offering under the brand “Edustars”. The Edustars token contract can be reviewed by using the following URL: “https://etherscan.io/address/0xbf45f0c4c544a99550a91971eee67dae29dee98b” Flex Class has created 19.03 billion Edustars tokens priced at $0.75 each (Symbol: EDST) which will be offered to the public when
Flex Class Holdings Secures $50 Million Funding
Flex Class Holdings Secures $50 Million Funding
Flex Class Holdings Inc. has secured an investment of US $50 million (INR 360 crore) from the non-US accredited investors against its proposed security tokens. The funding was facilitated by EGW Capital India. The company has filed Form D with the Securities & Exchange Commission (SEC) and is still seeking to raise another US $10 million. The company is proposing to launch Securities Token Offering (STO) of $100 million in the last
Flex Class In Talks To Acquire Edustars Tokens
Flex Class In Talks To Acquire Edustars Tokens
Flex Class Holdings has officially initiated the process of acquiring Edustars tokens for its proposed Initial Coin Offering (ICO) for an undisclosed amount. The transaction mainly involves right over its brand name and the domain name Edustars.io. Flex Class Holdings, a $15 billion (INR 109,000 crore) online education company is proposing ICO from over a year. On the basis of anonymity, a person closer to the transaction estimates the deal value at
Flex Class External Shareholders To Float PE Fund Headed By Rahul Kumar
Flex Class External Shareholders To Float PE Fund Headed By Rahul Kumar
Flex Class Holdings is all set to sell 65% equity to a undisclosed private equity company, the negotiations are on and the deal is well kept under the wraps, all waiting to be announced in the last week of June. The founders are constantly traveling between Dubai and New York to seal the deal in the best interest of all stakeholders. Flex Class earlier wanted to sell 48% equity, but few

All 5 Releases


More Releases for India

Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026. The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the
12-11-2018 | Health & Medicine
Pasta
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality. India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc. We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will