Innovative education OTT platform Klassroom Edutech has managed to raise an undisclosed amount in its Pre-Series A round led by ah! Ventures. LetsVenture, Hem Securities, Meteor Ventures, and Growth Sense Fund participated in the funding round.
PC:Mint
Klassroom Edutech is a Mumbai-based startup, which aims to scale growth with improved AI-driven technology, content creation, and expansion in new geographic locations.
Since its founding in 2016, Klassroom has so far managed to raise over $1.5 million across various rounds. The fresh infusion will prove key in its push to change education through a blended model combining both online and offline learning. This mother-and-son duo— Alka, Dhruv, and Dhumil Javeri —particularly focuses on how best to bring about education accessibility for students across all urban and rural settings.
With its educational opportunity provision, Klassroom has attracted attention not only for its educational offerings but also due to its support through Bollywood actor and entrepreneur Suniel Shetty. Through his support, Shetty is also promoting the Suniel Shetty Scholarship Scheme, which hopes to open education opportunities for more students.
Klassroom Edutech provides a holistic learning experience that goes in line with NEP 2020. This platform has an offline learning centre network of over 200 locations, which are spread across over 600 cities in India and have a reach of over 500,000 students. The firm also offers courses beyond K-12 education, and these include competitive exam test preparation programs for IIT-JEE, CA, and CS.
The OTT app of the startup has gained short-period adoption with 50,000 subscribers in the first year. The application provides a wide variety of subject matter, from academic subjects to skill-based training, career courses, and language learning to enhance an all-around education approach.
Klassroom boasts impressive financial metrics, having provided 7X wealth growth to its investors over the last three years. The start-up projects 3X year-on-year growth, with revenues growth week after week. Also noteworthy is that Klassroom has achieved profitability, an anomaly in the edtech sector, with 35% EBITDA profitability and 20% PAT profitability.
Strategic Partnerships and Future Initiatives
Apart from the recent funding success, Klassroom has also signed a Memorandum of Understanding (MOU) with the Government of Rajasthan to provide skill development courses to 300,000 students across 3,000 schools. This further underlines the commitment of the startup towards improving educational opportunities and skill development.
The edtech sector has witnessed a renewed interest from investors, with startups raising over $568 million in 2024 alone. While the overall funding landscape is expected to be difficult, especially with a potential decline in 2025, Klassroom’s focus on AI-driven technology and hybrid learning models positions it well for future growth.
Klassroom Edutech is well on its way to revolutionizing the educational landscape in India with innovative approaches and strategic funding. The startup, backed by notable investors and a clear vision for the future, is set to address critical challenges in education, making learning more accessible, affordable, and effective for students across the country. As Klassroom continues to expand its offerings and reach, it stands as a promising player in the evolving edtech ecosystem.
