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| Suniel Shetty-backed Klassroom Edutech Raises Growth Capital from AH Ventures and Others; Plans IPO Soon |
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| Klassroom Edutech, AH Portfolio startup and the world’s first AI-powered “Education OTT Platform", has successfully raised growth capital in its latest funding round led by AH Ventures, with participation from LetsVenture, Hem Securities, Meteor Ventures, and Growth Sense Fund. AH Ventures has done 250 investments in 140 startups till date taking its total investment portfolio to INR 466 CR (~58 MN USD) with 17 exits and 57 follow on rounds. 51 investments have happened through all three platforms and the fund in 2024. |
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| Klassroom Edutech, founded by fampreneurs Mrs. Alka Javeri, Mr. Dhruv Javeri, and Mr. Dhumil Javeri, is transforming education through its AI-driven Education OTT platform and a network of 200+ offline learning centers, serving over 500,000 students across 600 cities. |
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| Bollywood actor and entrepreneur Suniel Shetty, who invested in Klassroom in 2023, continues to back the company’s vision to make education more accessible and affordable. |
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| Klassroom’s profitability not only signals its robust business model but also positions the company for a potential public offering in the near future. |
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| The platform, based on the National Education Policy (NEP) 2020 and aligned with the vision of Honourable Prime Minister Shri Narendra Modi, provides students with a wide range of learning experiences. Since its launch, Klassroom’s OTT app has gained over 50,000 subscribers in its first year, demonstrating its rapid adoption. |
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| The app offers a holistic learning ecosystem with content ranging from academics and skill-based training for industry jobs to career courses, language learning, and more. |
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| The company has delivered 7X wealth growth to its investors in just three years and projected 3X YOY growth, with revenues consistently growing. Klassroom is already profitable, a significant achievement in the sector. Strategic government partnerships and implementation projects are further driving the company’s scalability and enabling it to impact more learners across India. |
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| Klassroom has recently signed an MOU with the Government of Rajasthan to serve 3 lakh students and 3,000 schools through its skill development courses, further strengthening its commitment to empowering learners and making them job-ready according to industry requirements. |
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| Commenting on the investment, Amit Kumar, Senior Partner - AH Ventures & Founding Partner - AH Ventures Fund said, “We are very proud of what the Klassroom team has achieved so far and delighted to be a part of their journey since their early days. Education is a sector we have also believed and backed and I am sure there are more exciting milestones which Klassroom is on their way to achieve”. |
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| Alka Javeri, Co-founder of Klassroom Edutech, said, “This funding reinforces the trust our investors have in our mission to make quality education accessible to all. By combining technology and content aligned with NEP 2020, we are empowering students with holistic learning experiences.” |
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| The global e-learning market, estimated at $250 billion in 2020, is projected to reach $1 trillion by 2027. |
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| The company's vision statement underscores its belief: "AI will revolutionize education with OTT and impact millions of students." |
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| Klassroom Edutech has had the privilege of interacting with the Honourable Prime Minister Shri Narendra Modi and the Honourable President of India, Smt. Droupadi Murmu, in recognition of its significant impact on education. These esteemed interactions have further strengthened Klassroom's commitment to transforming education in India and beyond, aligning with national goals to provide accessible, high-quality education for all. |
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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 466 CR (~58 MN USD) in 140 startups & 250 investments and have announced 17 exits & 57 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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