IPO · Education & Skilling
Klassroom Edutech converts to public company for IPO
By Startup Enthusiast ·
- Date
- Company
- Klassroom Edutech
- What it does
- O2O tutoring for grades 6-12 and exams
- Kind
- IPO
- Sector
- Education & Skilling
What they do
Klassroom Edutech runs an online-to-offline tutoring platform for grades 6-12 and competitive exams
What happened
The board passed a resolution to convert to a public company and rename to Fusion Klassroom Edutech Limited, preparing for an IPO
Why it matters
The company had earlier raised a Pre-Series A round in January 2025 and reported flat FY24 revenue of Rs 4.6 crore
The details
- The board of Klassroom Edutech passed a special resolution to convert the company into a public company.
- The company will be renamed Fusion Klassroom Edutech Limited.
- This move is part of its preparation for an IPO (initial public offering, when a company sells shares to the public for the first time).
- Media reports from January 2025 said the company planned an SME IPO (a smaller IPO for small and medium enterprises) later in 2025.
The bigger picture
- Klassroom Edutech joins a growing list of Indian startups going public.
- Fellow edtech company PhysicsWallah also plans a large IPO of Rs 3,820 crore.
- The company had raised a Pre-Series A round in January 2025 led by ah! Ventures.
About the business
- Klassroom Edutech is an O2O (online-to-offline) tutoring platform for students in grades 6-12 and aspirants of IIT JEE, NEET, CA, and CS exams.
- It has over 200 offline partner centers across 600 cities.
- It serves over 300,000 online learners.
- In FY24, the company reported operating revenue of Rs 4.6 crore (flat year-on-year) and a net profit of Rs 28.5 lakh.
- FY25 numbers have not been disclosed yet.
What happens next
- The company plans to proceed with an IPO, likely an SME IPO, later in 2025.
The deal
- Type
- ipo
Founders
- Alka Javeeri, founder
- Dhruv Javeeri, founder
- Dhumil Javeeri, founder