Mumbai-based edtech startup Klassroom is preparing to go public in the second quarter of FY27 after receiving in principle approval from the Bombay Stock Exchange for its proposed SME IPO. The company had filed its Draft Red Herring Prospectus earlier this year and is now moving ahead with its public market plans.
The proposed IPO will comprise a fresh issue of up to 19.89 lakh equity shares along with an offer for sale of up to 4.66 lakh shares by existing shareholders and early investors. The listing is expected to take place on the BSE SME platform between July and September 2026.
Klassroom has previously raised more than $2 million from investors, including LetsVenture, ah! Ventures, Growth Sense, CPT Family Trust, and actor Suniel Shetty. The upcoming IPO will place the company among a growing list of venture-backed startups exploring public market listings in India.
IPO Plans Mark A New Chapter For Klassroom
Founded in 2016 by Alka Javeri, Dhruv Javeri, and Dhumil Javeri, Klassroom operates a hybrid education platform that combines offline coaching centres with a digital learning application. The startup serves students through a mix of live classes, recorded content, test-preparation programmes, and skill-development courses.
The company claims to have built a network of more than 30 partner centres across India while serving over 4 lakh registered users and more than 1 lakh subscribers through its learning ecosystem. Its business model spans direct consumer subscriptions, institutional partnerships, and government-backed education projects.
Fresh Capital To Support Content And Technology Expansion
According to the company’s IPO plans, a significant portion of the proceeds will be used to strengthen content development capabilities. Klassroom intends to invest in educational video production, subtitle and audio review systems, and new skill-based courses covering artificial intelligence, machine learning, sales training, and customer support.
The startup also plans to allocate funds towards cloud infrastructure, API integrations, backend technology upgrades, app maintenance, and AI-focused engineering talent. These investments aim to enhance the platform’s scalability and improve the user experience across its digital learning offerings.
Strong Financial Growth Ahead Of Listing
Klassroom has reported a sharp improvement in its financial performance ahead of the planned IPO. In FY25, the company recorded operating revenue of Rs 10.1 crore, more than doubling from the previous year, while net profit rose nearly eightfold to Rs 2.9 crore.
For the first half of FY26, the edtech startup reported operating revenue of Rs 12.4 crore and net profit of nearly Rs 4 crore. The growth comes as investors increasingly look for profitable technology companies entering the public markets.
