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- Sun, 1 March 2026
Klassroom Moves Towards Public Listing
Mumbai based edtech startup Klassroom has filed its draft red herring prospectus with BSE to launch an initial public offering on the SME platform.
The proposed issue consists of a fresh issue of up to 19.89 lakh equity shares and an offer for sale of up to 4.66 lakh shares by existing shareholders.
The company plans to use the fresh proceeds to repay certain borrowings, enhance its AI and ML technology capabilities, and invest in content development and marketing. The offer for sale will allow select promoters and early investors to partially reduce their holdings.
Backed By Prominent Investors
Over the years, Klassroom has raised more than 2 million dollars from investors including actor Suniel Shetty, Growth Sense, ah Ventures, LetsVenture, CPT Family Trust and Growth Sense.
Among the selling shareholders in the offer for sale, co founders Alka Javeri, Dhruv Javeri and Dhumil Javeri will offload the largest number of shares. Angel investors such as Deepti Choudhary, Chandra Prakash Toshniwal, Utsav Verma and Arun Deep Bakshi will also sell part of their stakes.
A Hybrid Learning Model At Scale
Founded in 2016, Klassroom operates an AI powered education OTT platform combined with a network of 30 offline partner centres.
The platform offers over 100 courses for students in Classes 8 to 12, covering both live and recorded sessions. Its revenue model spans B2C subscriptions, B2B2C partnerships, B2B collaborations and B2G engagements.
The company follows a franchise led asset light strategy to expand its physical presence, while keeping capital expenditure controlled.
It claims a nationwide base of more than 4 lakh registered users, 1 lakh subscribers and 1 lakh app downloads.
Strong Financial Performance
Klassroom has reported rapid growth in recent years.
In FY25, revenue from operations rose 120 percent to Rs 10.1 crore from Rs 4.6 crore in FY24. Net profit increased sharply to Rs 2.9 crore from Rs 34.4 lakh a year earlier.
For the six months ended September FY26, the company reported operating revenue of Rs 12.4 crore and a net profit of around Rs 4 crore, indicating sustained momentum ahead of its proposed listing.
What This Means For The SME Ecosystem
Klassroom’s IPO filing reflects rising confidence among growth stage startups in tapping public markets through the SME route.
For the edtech sector, it signals a renewed push towards sustainable growth models backed by profitability and disciplined expansion.
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