Mumbai-based edtech startup Klassroom has filed its draft crimson herring prospectus (DRHP) with the BSE for an preliminary public providing (IPO) on the alternate’s SME platform.

The proposed IPO includes a contemporary problem of as much as 19.89 lakh fairness shares and an offer-for-sale part of as much as 4.66 lakh fairness shares by current shareholders, in response to the DRHP filed with the BSE.

The corporate plans to utilise the web proceeds from the contemporary problem to repay or prepay sure borrowings, strengthen its AI and ML expertise stack, and put money into content material improvement and advertising and marketing initiatives. The OFS will permit choose promoters and early buyers to partially pare their stakes.

Klassroom’s cofounders, the mother-and-sons trio Alka Javeri, Dhruv Javeri and Dhumil Javeri, will offload as much as 3.52 lakh shares by the OFS, the best amongst promoting shareholders. Angel buyers together with Deepti Choudhary, who plans to promote 28,471 shares, Chandra Prakash Toshniwal with 16,040 shares, Utsav Verma with 16,000 shares and Arun Deep Bakshi with 13,634 shares, can even promote a part of their holdings.

Based in 2016, Klassroom operates a hybrid studying ecosystem that mixes an AI-powered training OTT platform with a community of 30 offline associate centres. The platform gives greater than 100 programs for college students in Lessons 8 to 12, that includes recorded and reside courses. The corporate follows a multi-channel enterprise mannequin spanning B2C, B2B2C, B2B and B2G operations.

At its core is the B2C income stream, pushed primarily by subscriptions to its OTT platform. Within the offline phase, associate centres cater to each educational and skill-development wants. Educational teaching charges vary between Rs 25,000 and Rs 45,000 per yr. The corporate follows a franchise-led, asset-light mannequin to develop its bodily footprint.

Klassroom additionally collaborates with state governments, non-public corporations, academic establishments, central companies, universities and ability improvement missions to execute large-scale educational and skilling programmes. These embody digital content material deployment, pupil and trainer coaching, AI and ML labs, hybrid studying programmes, university-approved internship modules and capacity-development initiatives.

The corporate claims a nationwide footprint of greater than 4 lakh registered customers, 1 lakh subscribers and 1 lakh cellular app downloads.

In FY25, the corporate’s income from operations rose 120 % to Rs 10.1 crore from Rs 4.6 crore in FY24. Web revenue elevated practically eightfold to Rs 2.9 crore from Rs 34.4 lakh a yr earlier.

For the six months ended September FY26, Klassroom reported working income of Rs 12.4 crore and a web revenue of round Rs 4 crore.

So far, the 10-year-old startup has raised over $2 million from buyers together with actor Suniel Shetty, ah! Ventures, LetsVenture, CPT Household Belief and Progress Sense.