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Funding · Education & Skilling

Klassroom Edutech raises pre-series A round led by ah! Ventures

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Date
Company
Klassroom Edutech
What it does
AI-powered education OTT platform
Kind
Funding
Amount
Undisclosed
Stage
pre-series-a
Founded
2016
Sector
Education & Skilling

What they do

Klassroom Edutech runs an AI-driven education OTT platform with over 200 offline centres

What happened

It raised an undisclosed amount in a pre-series A round led by ah!

Why it matters

Ventures; the company has served over 500,000 students across 600 cities and is preparing for an SME IPO

The details

  • Klassroom Edutech raised growth capital in a pre-series A round.
  • The round was led by ah! Ventures.
  • Other investors included LetsVenture, Hem Securities, Meteor Ventures, and Growth Sense Fund.
  • The amount raised was undisclosed.
  • The company has raised over $1.5 million across all rounds.
  • It previously raised $200,000 in 2021 as part of pre-series A.
  • The company is preparing to launch an SME IPO soon.

The bigger picture

  • The global e-learning market was estimated at $250 billion in 2020 and projected to reach $1 trillion by 2027.
  • Edtech startups raised over $568 million in 2024 despite a decline in deal counts.
  • The company has achieved 35% EBITDA profitability and 20% PAT profitability.
  • It delivered 7X wealth growth to investors in three years.

About the business

  • Klassroom Edutech is the world's first AI-powered education OTT platform.
  • It operates a hybrid model: an AI-driven OTT platform plus a network of over 200 offline learning centres.
  • It has served over 500,000 students across 600 cities.
  • Its OTT app gained over 50,000 subscribers in its first year.
  • Content includes academics, skill-based training for industry jobs, career courses, and language learning.
  • The platform is aligned with the National Education Policy (NEP) 2020.
  • It signed an MOU with the Government of Rajasthan to serve 3 lakh students and 3,000 schools with skill development courses.
  • The company achieved 35% EBITDA profitability and 20% PAT profitability.
  • It delivered 7X wealth growth to investors in three years.

What happens next

  • The company plans to use the funds to advance AI-driven technology and enhance content creation.
  • It aims to expand into southern states (Karnataka, Telangana, Andhra Pradesh) and northeastern regions.
  • International expansion is planned into the US, UAE, and Singapore.
  • The company is preparing to launch an SME IPO soon.

The deal

Type
pre-series-a

Investors

  • ah! Ventures (lead) — A venture capital firm that led the pre-series A round.
  • LetsVenture (participated) — An investment platform that participated in the round.
  • Hem Securities (participated) — A securities firm that participated in the round.
  • Meteor Ventures (participated) — A venture capital firm that participated in the round.
  • Growth Sense Fund (participated) — A fund that participated in the round.
  • Suniel Shetty (existing) — Actor and investor who invested in 2023 and continues to back the company.
  • ah! Ventures Angel Fund (existing) — An angel fund that previously invested.
  • Hem Angels (existing) — An angel network that previously invested.
  • Pavan Bakeri (existing) — An individual investor.
  • Kishore Ganji (existing) — An individual investor.

Founders

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

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