Edtech startup Klassroom has filed its Draft Red Herring Prospectus (DRHP) to go public on the SME platform of the Bombay Stock Exchange, according to Entrackr. The IPO includes fresh equity shares and an offer-for-sale by existing stakeholders.
The funds raised will support debt repayment and enhance Klassroom’s technology stack, focusing on AI/ML capabilities, content development, and marketing strategies. This move follows the company’s shift to a public limited entity, as reported by Entrackr last year.
Established in 2016, Klassroom operates a hybrid learning model that combines an AI-powered education OTT platform with offline partner centers, targeting students from Classes 8 to 12. The company’s approach, which includes recorded and live classes, as well as a franchise-led expansion strategy, sets it apart in the edtech landscape.
Klassroom’s IPO submission comes as the edtech sector shows signs of recovery. The company has reported commendable financial growth, with revenue surging by 120% to Rs 10.1 crore in FY25 and net profit reaching Rs 2.9 crore. In the first half of FY26, the company reported operating revenue of Rs 12.4 crore and a net profit of approximately Rs 4 crore.
Source: Entrackr : Latest Posts