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| Suniel Shetty Backed Education Startup, Klassroom Edutech Raises USD 450K Investment round from ah! Ventures and Marquee Investors |
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| Suniel Shetty Backed Education Startup, Klassroom Edutech raises USD 450K Investment round from ah! Ventures Angel Platform and Marquee Investors. ah! Ventures has done 196 investments in 122 startups till date taking its total investment portfolio to INR 403 CR (~50 MN USD) with 16 exits and 48 follow on rounds. 42 investments have happened through all three platforms and the fund in 2023. |
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| Founded in 2016 by Alka Javeri, Dhruv Javeri, and Dhumil Javeri, Klassroom Edutech has been an impactful innovation in the education sector. Recently, they've received an investment of USD 450K, a testament to their growing influence in transforming education. This funding, generously provided by the lead investor ah! Ventures, Hem Angels, Meteor Ventures, Startup Angels Network, Bollywood actor Suniel Shetty and others who have invested in this round, is undoubtedly propelling the company to new heights. |
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| Harsh Deodhar of ah! Ventures lauds the Klassroom team for their resilience and vision , he stated “Klassroom family founders have an inspiring story not just personal but even professional. The team has maneuvered COVID, competition, funding winter, you name it. With multiple pivots and geographical diversification, the team has never lost its focus on the essence of education and learning. With exciting government engagements, the volume of business is expected to grow at a massive rate”. |
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| Klassroom Edutech isn’t just another name in education. Their unique approach integrates both online and offline modes of learning, ensuring students get the best of both worlds. Currently, their reach extends to over 60,000 students in 500 cities, a testament to their success. Over the last two years, their revenues have skyrocketed, seeing a tenfold increase, emphasizing their rapid growth and acceptance. |
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| But what sets Klassroom Edutech apart? Alka Javeri, the company's Chairman, proudly states, “Our vision at Klassroom Edutech has always been to bridge the gap between traditional and modern learning methods, making quality education accessible to every student in India. This investment underscores the faith and trust the industry has in our mission. With the unwavering support of our team and our investors, we're set to redefine the boundaries of education in the coming years.” |
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| The company isn’t just about big ideas; but has now reached EBITDA positive, and the recent funds will be channeled to bolster Klassroom’s technological backbone, ensuring students receive a seamless and modern learning experience which will also enable offline centers, ensuring they reach every nook and corner of the country with an unmatched learning experience at just 1/5th the market cost, making quality education more accessible with the efforts of the team, investors and the management.In addition, the company has partnered with the Central Government Schools in India and the Government of Rajasthan, enhancing its credibility and expanding its reach in the education sector, with a student base exceeding 500,000 students. |
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| Their network is vast and varied, encompassing 150 Offline learning centers, 3,000 state government schools, 650 central government schools, and over 200 private schools. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in |
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 6000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 403 CR (~50 MN USD) in 122 startups & 196 investments and have announced 16 exits & 48 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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