Suniel Shetty Backs Edtech Startup Klassroom Edutech

Mumbai-based edtech startup Klassroom Edutech on Tuesday (May 30) said it has received an investment from actor Suniel Shetty. However, it didn’t disclose the investment amount.

Shetty’s direct engagement with the startup is aimed at boosting its social initiatives to bridge the education gap for underprivileged students in the country, Klassroom Edutech said in a statement.

This engagement would be facilitated through partnerships with social trusts and NGOs. The startup is also launching Suniel Shetty Scholarship Scheme and the “Happy Schools” program as part of its commitment to create a social impact.

Shetty has been investing aggressively in Indian startups for the last few years. Recently, the actor backed food delivery platform WAAYU.

Commenting on his investment in Klassroom Edutech, Shetty said, “… they’re (Klassroom Edutech) making a real impact by implementing the NEP 2020’s innovative teaching methods. Together, let’s empower the next generation with a joyful learning experience.”

Founded in 2016 by Alka Javeri, Dhruv Javeri, and Dhumil Javeri, Klassroom Edutech operates as a hybrid tutoring platform for students in classes from 6th to 12th, IIT JEE, NEET, CA and CS. It claims to cater to over 60K students across 500 cities via a network of 150 offline centres. The startup also claims to have attained 10X revenue growth in the last two years.

Besides, Klassroom Edutech has also been developing digital resources to be utilised in over 2,650 government schools, in accordance with the National Education Policy (NEP) 2020.

The startup has so far raised a funding of over $1 Mn and is backed by the likes of ah! Ventures Angel Fund, Hem Angels, Bakeri Group MD Pavan Bakeri, Astir Ventures founder Kishore Ganji, among others.

Over the next five years, the startup aims to impact 20 Mn students and expand its reach by threefold each year. It plans to enrol about 500K students within the next year through its social initiative programs.

“Given the recent backing, Klassroom Edutech is poised for substantial growth, reflecting a promising future for India’s education sector,” the edtech startup said.

The edtech startup ecosystem has been one of the worst affected by the ongoing funding winter and has seen the highest number of layoffs since 2022. However, despite the recent slowdown, the edtech sector is projected to continue to grow.

As per an Inc42 report, India’s edtech market is expected to reach a size of $29 Bn By 2030, growing at a compound annual growth rate (CAGR) of 25% between 2025 and 2030. In fact, the report also notes that hybrid model and shifting of focus on grassroot marketing are the two key trends emerging in the Indian edtech space.

Recently, edtech platform Ulipsu bagged $3.2 Mn (around INR 26 Cr) as part of an extended Pre-Series A funding round. uFaber also raised INR 25 Cr in its Series-A funding round by Mastermind JPIN Capital Partners Fund and Gray Matters Capital.

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