Funding · Education & Skilling
Klassroom Edutech raises pre-series A round led by ah! Ventures
By Startup Enthusiast ·
- 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