Bollywood actor Suniel Shetty-backed education startup, Klassroom Edutech raises USD 4,50,000 from ah! Ventures Angel Platform and Marquee Investors.
Alka Javeri, Dhruv Javeri and Dhumil Javeri founded it 2016. Apart from ah! Ventures, Hem Angels, Meteor Ventures, Startup Angels Network, Bollywood actor Suniel Shetty and others have invested in the latest funding round.
Harsh Deodhar of ah! Ventures lauds said, “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 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.
ah! Ventures has done 196 investments in 122 startups till date taking its total investment portfolio to Rs 403 crore ( about USD 50 million) with 16 exits and 48 follow on rounds. 42 investments have happened through all three platforms and the fund in 2023, the VC firm said in a statement.
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