About ClassKlap
ClassKlap is a company based in Bengaluru (India) founded in 2009 was acquired by Eupheus Learning in September 2021.. ClassKlap has raised $14.91 million across 8 funding rounds from investors including Eupheus Learning, Michael & Susan Dell Foundation and Lightrock India. The company has 132 employees as of March 29, 2024. ClassKlap offers products and services including 21st Century Curriculum, School Mitra ERP, Enounce, Pickatale, and MathBuddy. ClassKlap operates in a competitive market with competitors including Amplify, EVERFI, Uchi.ru, ConveGenius and Eupheus Learning, among others.
- Headquarter Bengaluru, India
- Employees 132 as on 29 Mar, 2024
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Classklap Private Limited
- Date of Incorporation 12 Aug, 2009
- Jurisdiction Rupnagar, Punjab, India
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Annual Revenue
$4.72 M (USD)79.82as on Mar 31, 2023
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Net Profit
$-147.83 K (USD)89.31as on Mar 31, 2023
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EBITDA
$443.27 K (USD)160.84as on Mar 31, 2023
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Total Equity Funding
$14.91 M (USD)
in 8 rounds
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Latest Funding Round
$819.37 K (USD), Series C
May 19, 2021
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Investors
Eupheus Learning
& 6 more
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Employee Count
132
as on Mar 29, 2024
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Acquired by
Eupheus Learning
(Sep 21, 2021)
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Products & Services of ClassKlap
ClassKlap offers a comprehensive portfolio of products and services, including 21st Century Curriculum, School Mitra ERP, Enounce, Pickatale, and MathBuddy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
NEP 2020 based practices and materials for student learning
Platform for managing school operations and parent communications
Spoken English practice for fluency and pronunciation skills
Interactive children's books for reading enhancement
Platform for teaching math concepts through activities
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Product Management Team
1 people
Finance and Accounting
1 people
Leadership Team
1 people
Senior Team
1 people
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Funding Insights of ClassKlap
ClassKlap has successfully raised a total of $14.91M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $819.37 thousand completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $819,369
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First Round
First Round
(17 Oct 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series C - ClassKlap | Valuation |
investors |
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| Mar, 2020 | Amount | Series C - ClassKlap | Valuation | Michael & Susan Dell Foundation |
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| Nov, 2018 | Amount | Series C - ClassKlap | Valuation | Lightrock India |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ClassKlap
ClassKlap has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Eupheus Learning, Michael & Susan Dell Foundation and Lightrock India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on healthcare, renewable energy, education, and other sectors
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Founded Year | Domain | Location | |
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Education and poverty initiatives are funded by the foundation.
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Founded Year | Domain | Location | |
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A foundation focused on transforming lives through education and health.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ClassKlap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ClassKlap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Classklap Comparisons
Competitors of ClassKlap
ClassKlap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amplify, EVERFI, Uchi.ru, ConveGenius and Eupheus Learning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Online courses and gamified tasks for school students are provided.
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| domain | founded_year | HQ Location |
AI-powered platforms are developed for personalized educational learning and assessments.
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| domain | founded_year | HQ Location |
School transformation solutions with content and technology are provided.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Classklap
Frequently Asked Questions about ClassKlap
When was ClassKlap founded?
ClassKlap was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is ClassKlap located?
ClassKlap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is ClassKlap a funded company?
ClassKlap is a funded company, having raised a total of $14.91M across 8 funding rounds to date. The company's 1st funding round was a Series C of $5.89M, raised on Oct 17, 2014.
How many employees does ClassKlap have?
As of Mar 29, 2024, the latest employee count at ClassKlap is 132.
What is the annual revenue of ClassKlap?
Annual revenue of ClassKlap is $4.72M as on Mar 31, 2023.
What does ClassKlap do?
ClassKlap was established in 2009 in Bengaluru, India, as an educational technology firm. Personalized learning materials and processes are delivered to schools via the IMAX program. Management of timetables, school calendars, and teaching activities is facilitated through the ClassKlap Teacher app. School notices and notifications are handled by the ClassKlap Parent app. Availability of both apps is limited to the Android platform.
Who are the top competitors of ClassKlap?
ClassKlap's top competitors include Amplify, ConveGenius and EVERFI.
What products or services does ClassKlap offer?
ClassKlap offers 21st Century Curriculum, School Mitra ERP, Enounce, Pickatale, and MathBuddy.
Who are ClassKlap's investors?
ClassKlap has 7 investors. Key investors include Eupheus Learning, Michael & Susan Dell Foundation, Lightrock India, MSDF, and Aspada.
What is ClassKlap's valuation?
The valuation of ClassKlap is $27.1M as of Nov 2018.
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