Edtech startup Klassroom is gearing up for an initial public offering (IPO) on the BSE SME platform, targeting the second quarter of FY27. The startup, which filed its Draft Red Herring Prospectus (DRHP) earlier this year, received in-principle approval from BSE in May. This move is significant as it reflects the growing trend of Indian startups pursuing public listings to fuel expansion and innovation.
### Klassroom’s Growth Trajectory
Founded in 2016 by Alka Javeri and her sons Dhruv and Dhumil Javeri, Klassroom has carved a niche in the edtech space with its hybrid learning model that integrates offline coaching centres and an OTT education platform. The company boasts over 4 lakh registered users and more than 1 lakh subscribers, supported by a network of 30 partner centres nationwide. Klassroom’s revenue streams are diverse, ranging from consumer subscriptions and partner centres to enterprise partnerships and government projects. The startup’s financial performance has seen a notable upswing, with an operating revenue of ₹12.4 crore and a net profit of ₹4 crore reported in the first half of FY26.
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### Edtech Sector and Competitive Landscape
Klassroom’s IPO plans emerge amid a resurgence in edtech IPOs, with companies like PhysicsWallah and others seeking public funding. With raised funding exceeding $2 million from investors like LetsVenture and actor Suniel Shetty, Klassroom aims to enhance its educational content and technological infrastructure. The company plans to invest ₹5.35 crore in content development, focusing on video production and skill-based courses, while allocating ₹1.68 crore for cloud hosting, app maintenance, and integrations with educational institutions. This strategic investment positions Klassroom to better compete in a market that includes established players like Byju’s and Unacademy.
### Implications for India’s Startup Ecosystem
Klassroom’s move to go public highlights a broader trend of Indian startups transitioning to public markets, following the footsteps of companies such as Capillary Technologies, Pine Labs, and Urban Company. This trend is indicative of a maturing startup ecosystem where companies seek to leverage public capital for growth and scalability. The revival of startup IPO activity is also a testament to investor confidence in India’s tech-driven future, despite economic uncertainties.
As Klassroom prepares for its public debut, the company’s next steps will be closely watched by investors and industry stakeholders. The success of this IPO could set a precedent for other edtech startups considering similar paths, potentially reshaping the funding landscape in India. For founders and investors, the key takeaway will be whether Klassroom can sustain its growth trajectory post-IPO and how it navigates the competitive pressures in the dynamic edtech sector.
