Klassroom Raises ₹11.08 Crore from Anchors Ahead of ₹39 Crore SME IPO
Edtech startup Klassroom has secured ₹11.08 crore from anchor investors, just ahead of its SME IPO opening today . This marks a significant milestone for the Mumbai-based company, founded in 2016 by Alka Javeri and her two sons as a family-led venture to make education more accessible .
Anchor Investor Details
The company allocated over 6.96 lakh equity shares at ₹159 per share to six anchor entities, including Subhkam Ventures (I) Pvt Ltd, Kuber India Opportunity Fund and Ekamya Pragati Scheme I .
IPO Structure and Key Details
Financial Performance
Klassroom has demonstrated impressive growth in FY26:
- Revenue: ₹23.10 crore (up 128% from ₹10.1 crore in FY25)
- Profit After Tax: ₹7.6 crore (up 162% from ₹2.9 crore in FY25)
Use of IPO Proceeds
The company plans to deploy funds towards:
- Technology & AI/ML Development: Strengthening its proprietary learning platform and AI-powered private tutors
- AI Innovation Hubs: Setting up three AI labs in Mumbai, Pune and Jaipur
- Content Development: Sharpening educational video production and regional language offerings
- Debt Repayment: ₹2.35 crore to clear outstanding borrowings
- Marketing Initiatives: ₹5.21 crore allocated for brand building
Business Model
Klassroom operates a hybrid learning ecosystem combining 30 offline partner centres with an AI-powered Education OTT App featuring over 100 courses . It claims over 600,000 registered learners and more than 250,000 paid subscribers . The company offers coaching for courses such as CA, CS, CMA and other commerce-related examinations .
Broader Edtech Signal
Klassroom’s IPO is the second major public listing in the Indian edtech space after PhysicsWallah . The company’s strategic focus on AI integration, regional content, and hybrid learning models signals how edtech startups are pivoting toward sustainable, technology-driven growth after the post-pandemic consolidation phase.
Investor confidence, reflected in the strong anchor book, suggests the market sees value in companies that blend offline presence with digital innovation.
