The startup’s public issue will comprise a fresh issue of up to 19.89 Lakh equity shares and an offer-for-sale (OFS) component of up to 4.66 Lakh equity shares
Klassroom plans to utilise the net proceeds from the fresh issue to repay or prepay certain borrowings, strengthen its AI/ML tech stack and content development and marketing initiatives
The startup’s cofounders – mother-and-sons trio Alka, Dhruv, and Dhumil Javeri – plan to offload the highest number of shares via the OFS. They will sell up to 3.52 Lakh share
Bidding to become the second listed edtech startup in India, after PhysicsWallah, LetsVenture-backed Classroom has filed its DRHP with the BSE for an SME IPO.
The startup’s public issue will comprise a fresh issue of up to 19.89 Lakh equity shares and an offer-for-sale (OFS) component of up to 4.66 Lakh equity shares.
The Mumbai-based startup plans to utilise the net proceeds from the fresh issue to repay or prepay certain borrowings, strengthen its AI/ML tech stack and content development and marketing initiatives.
The startup’s cofounders – mother-and-sons trio Alka, Dhruv, and Dhumil Javeri – plan to offload the highest number of shares via the OFS. They will sell up to 3.52 Lakh shares.
Besides, angel investors like Deepti Choudhary (selling 28,471 shares), Chandra Prakash Toshniwal (16,040 shares), Utsav Verma (16,000 shares), Arun Deep Bakshi (13,634 shares), among others, will also offload shares via the OFS.
Founded in 2016, Klassroom provides a hybrid learning ecosystem comprising 30 offline partner centres and an AI-powered education OTT app featuring over 100 courses for classes 8 to 12. It claims to have a nationwide footprint of over 4 Lakh registered users, 1 Lakh subscribers, and 1 Lakh mobile app downloads.
The startup operates through a multi-channel business model, integrating B2C, B2B2C, B2B, B2G operations. At its core is the B2C revenue stream, which primarily comprises the earnings realised via its OTT platform subscriptions.
In the offline space, Klassroom’s partner centres cater to both academic and skill-development needs. The academic centres provide structured coaching programmes. Academic coaching fees range ₹25,000-₹45,000 per year.
Besides, Klassroom collaborates with state governments, private companies, education institutions, central agencies, universities and skill development missions to deliver large-scale academic and skilling programmes. These include digital content deployment, student and teacher training, AI-ML labs, hybrid learning programmes, university-approved internship modules, and capacity-development initiatives.
The 10-year old startup has raised over $2 Mn to date. Some of its notable investors included actor Suniel Shetty, ah! Ventures, LetsVentureCPT Family Trust, Growth Sense, among others.
On the financial front, it posted an operating revenue of ₹12.4 Cr in H1 FY26, while net profit stood at ₹4 Cr.
In FY25, it reported a near 8X jump in profit to ₹2.9 Cr from ₹34.4 Lakh in the previous fiscal year. Operating revenue surged 120% to ₹10.1 Cr from ₹4.6 Cr in FY24.
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