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 Rs 403 crore (~50 MN USD) with 16 exits and 48 follow on rounds. 42 investments have happened through all three platforms and the fund in 2023.
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.
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”.
Klassroom's 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.
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.”