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IPO · Education & Skilling

Fusion Klassroom Edutech gets in-principle approval for IPO on BSE SME platform

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Date
Company
Fusion Klassroom Edutech
What it does
edtech hybrid learning platform
Kind
IPO
Amount
up to ₹23.89 lakh shares (fresh issue and OFS)
Stage
IPO
Founded
2016
Sector
Education & Skilling

What they do

Fusion Klassroom Edutech is an edtech company that runs a hybrid learning model combining offline coaching centres with a digital education platform

What happened

It has received in-principle approval from BSE for its IPO on the SME platform, which includes a fresh issue of up to 19.89 lakh equity shares and an…

Why it matters

The company plans to use the IPO proceeds to repay debt, strengthen technology infrastructure, expand AI and machine learning capabilities, develop content,…

The details

  • Fusion Klassroom Edutech, operating under the Klassroom brand, has received in-principle approval from the Bombay Stock Exchange (BSE) for its proposed initial public offering (IPO) on the SME platform.
  • The IPO includes a fresh issue of up to 19.89 lakh equity shares and an offer-for-sale (OFS) of up to 4.66 lakh shares by existing shareholders, including promoters and angel investors.
  • The company plans to use the proceeds from the fresh issue to repay debt, enhance its technology infrastructure, expand AI and machine learning capabilities, develop content, and support marketing initiatives.
  • Fusion Klassroom Edutech was founded in 2016 by Alka Javeri, Dhruv Javeri, and Dhumil Javeri.
  • It operates a hybrid learning model that combines offline coaching centres with a digital education platform.

The bigger picture

  • The company filed its DRHP with SEBI in February 2026 and converted itself into a public limited entity in November 2025.
  • Fusion Klassroom Edutech reported a sharp improvement in financial performance, with operating revenue more than doubling to Rs 10.1 crore in FY25 from Rs 4.6 crore in FY24.
  • Net profit rose to Rs 2.9 crore in FY25 from Rs 34.4 lakh in FY24, and for the six months ended September 2025, revenue was Rs 12.4 crore with net profit of nearly Rs 4 crore.

About the business

  • Fusion Klassroom Edutech runs a hybrid learning model that combines offline coaching centres with a digital education platform.
  • It offers live and recorded learning programmes for school students, focusing on middle and senior school classes, including Classes 8 to 12.
  • The company has expanded through an asset-light model using partner centres and franchise-led operations.
  • Klassroom has more than four lakh registered users, over one lakh subscribers, and 30 partner centres across India.
  • Revenue comes from consumer subscriptions, partner centres, enterprise partnerships, and government projects.
  • The company also works with state governments, universities, and private organisations on digital learning, teacher training, AI labs, and skilling programmes.

What happens next

  • The company plans to use the IPO proceeds to repay debt, strengthen its technology infrastructure, expand AI and machine learning capabilities, develop content, and support marketing initiatives.

The deal

Type
ipo

Investors

  • LetsVenture (investor) — Venture capital firm that has invested in Fusion Klassroom Edutech.
  • ah! Ventures (investor) — Venture capital firm that has invested in Fusion Klassroom Edutech.
  • Growth Sense (investor) — Venture capital firm that has invested in Fusion Klassroom Edutech.
  • CPT Family Trust (investor) — Investor that has invested in Fusion Klassroom Edutech.
  • Suniel Shetty (investor) — Actor and investor who has invested in Fusion Klassroom Edutech.

Founders

  • Alka Javeri, co-founder
  • Dhruv Javeri, co-founder
  • Dhumil Javeri, co-founder

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