Home Funding Alert Klassroom Edutech Raises $1 Mn From ah! Ventures and Marquee Investors

Klassroom Edutech Raises $1 Mn From ah! Ventures and Marquee Investors

Klassroom Edutech Team
Klassroom Edutech Raises $1 Mn From ah! Ventures and Marquee Investors : Market Money

Klassroom Edutech, India’s first hybrid Tutoring Platform, announced on Monday that it has raised the first tranche of a $1 million investment round from ah! Ventures and supported by Marquee investors such as Pavan Bakeri (Managing Director, Bakeri Group), Chandru Chawla (Executive VP, Cipla), Viraj Shah (Founder, VBS Diamonds), Sunil Rao (Senior Director, APAC Distribution & channels), Balu Ramamurthy (Director, Desynova Digital) and Abhijit Saxena (ex-CEO Netcore) and other prominent investors.

Dhumil Javeri Co-founder and CEO said, “We are humbled to be backed by such marquee (angel) investors and industry leaders who believe in our vision and have a long-term perspective.”

From the beginning, Team ah! Ventures has supported the Klassroom mission of creating a hybrid tutoring education company, and we are really grateful for their support.

Over 60,000 students from 500+ Cities are now benefiting from Klassroom’s online platform, as well as the integrated offline 150+ Klassroom partner offline Centres around India. Klassroom’s annual growth rate increased by 10X in the last 12 months.

“Hybrid learning makes it easier for parents, teachers and students to teach and learn because it is flexible, accessible and, furthermore, it widens the scope of Education”, said Alka Javeri Co-Founder Klassroom.

“The admission life-cycle which begins from searching an offline learning centre and completes with the actual enrolment has been revolutionised by Klassroom’s new tech stack. Our robust technology and extensive content supplement the in-person teaching at our centres, giving students flexible hybrid learning alternatives at incredibly low fees. Numerous local star institutes are being added to our ecosystem almost every day.” said Dhruv Javeri, Co-Founder Klassroom.

Amit Kumar, Senior Partner, ah! Ventures, said, “We have always believed in the hybrid system of education as a business model for running an education company. Since the beginning, Klassroom’s approach has been on the same lines which have been their mantra of success. This has been validated by quite a few players in the sector and will continue in the same fashion. The team’s passion and execution abilities have always impressed us. We wish them a super bright future and will support them in their endeavour to become a world-class education company.”

Founded in 2016 by Alka Javeri, Dhruv Javeri and Dhumil Javeri, the Mumbai-based startup earlier received funding to the tune of $600K in equity investment from the Angle Investors in 2021.