ClassKlap

Bengaluru, India Founded: 2009 • Age: 17 yrs Minicorn Acquired By Eupheus Learning
Personalized learning curriculum and apps are provided for schools.

About ClassKlap

ClassKlap is an Education company based in Bengaluru (India) founded in 2009, and was acquired by Eupheus Learning in September 2021. Personalized learning curriculum and apps are provided for schools. 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. ClassKlap was last valued at $27.1 million in November 2018. Its Indian entity Classklap Private Limited reported revenue of β‚Ή39.23 Cr. ClassKlap offers products and services including 21st Century Curriculum, School Mitra ERP, Enounce, Pickatale, and MathBuddy. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and School Curriculum. Its competitors include ConveGenius, Eupheus Learning and Educational Initiatives; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 132
  • Stage Acquired
  • Sectors
    Education
  • Email
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  • Phone
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  • Website classklap.com
  • Social LinkedIn X Facebook
  • Acquired by Eupheus Learning (Sep 2021)
  • Legal Name Classklap Private Limited
  • Date of Incorporation 12 Aug, 2009
  • Jurisdiction Rupnagar, Punjab, India
Key Metrics
  • Annual Revenue
    ₹39.23 Cr

    FY 2023 · +80% YoY

  • Net Loss
    -₹1.23 Cr

    FY 2023 · -3% margin

  • EBITDA
    ₹3.81 Cr

    FY 2023 · 10% margin

  • Total Equity Funding
    $14.91M (USD)

    in 8 rounds

  • Latest Funding Round
    $819.37K (USD), Series C

    May 2021

  • Investors
  • Employee Count
    132
  • Acquired by

Products & Services of ClassKlap

ClassKlap offers a comprehensive portfolio of products and services, including 21st Century Curriculum, School Mitra ERP, Enounce, Pickatale, and MathBuddy.

21st Century Curriculum
Educational Curriculum

NEP 2020 based practices and materials for student learning

School Mitra ERP
School Management Software

Platform for managing school operations and parent communications

Enounce
Language Learning Tool

Spoken English practice for fluency and pronunciation skills

Pickatale
Digital Library

Interactive children's books for reading enhancement

MathBuddy
Activity-Based Learning

Platform for teaching math concepts through activities

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 $14.91M
  • Total Rounds 8
  • Last Round Series C β€” $819,369
  • First Round $972,366

    (Oct 2014)

  • Investors Count 6

All 8 funding rounds of ClassKlap with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$819,369Series C––
–
Mar 2020$472,240Series C–Michael & Susan Dell Foundation
–
Nov 2018$5.89MSeries C$27.1MLightrock India
Feb 2018Series C–Michael & Susan Dell Foundation
–
Mar 2017$769,127Series B$25.49MLightrock India, Aspada Investments
–
Aug 2016$2.23MSeries B$β€’β€’β€’β€’β€’Lightrock India, Aspada Investments
–
Jun 2015$3.75MSeries A$β€’β€’β€’β€’β€’Lightrock India, Aspada Investments
Oct 2014$972,366Seed$β€’β€’β€’β€’β€’Lightrock India, Aspada Investments
Valuation history
DateValuationStage
Nov 2018$27.1Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2017$25.49Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of ClassKlap

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $27.1M (Nov 2018). 7 investors in total: 5 institutional and 2 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on healthcare, renewable energy, education, and other sectors
2019lr-india.comBengaluru, India
Education and poverty initiatives are funded by the foundation.
msdf.orgAustin, United States
A foundation focused on transforming lives through education and health.
1999dell.orgAustin, United States
Tech and Offline focused early-stage VC firm investing in India
aspada.comBengaluru, India

Mekin Maheshwari

Ex-CTO Flipkart, angel investor, founder of Udhyam Learning Foundation
unknown_11c89e5dff104137b

Rajiv Nagalia

unknown_f509b04f8a274d138
School transformation solutions with content and technology are provided.
2017eupheus.inDelhi, India
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Investor details for ClassKlap

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Board of directors of Classklap Private Limited (ClassKlap)

Classklap Private Limited is the primary company behind ClassKlap. The board of Classklap Private Limited currently have 2 directors; the longest-serving is Naveen Mandava, appointed in 2009. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Naveen Mandava
DIN 02715101
Director12 Aug 200917 yrs 2 moClassklap Private Limited
Varun Kumar
DIN 05114298
Director01 Jan 201115 yrs 9 moClassklap Private Limited

People of ClassKlap

4 people are tracked at ClassKlap (3 in leadership, 1 in team); the tracked headcount is 132.

NameRoleGroup
Chief Product Officer | Co-founderLeadership
Mohit Bhutani
Head - Finance & OperationsLeadership
Co-founder & CEOLeadership
Rambabu Siripurapu
Senior Subject Matter ExpertTeam
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Financials of ClassKlap

Figures of Classklap Private Limited, the primary company behind ClassKlap, for FY 2023. Revenue was ₹39.23 Cr (+80% year on year). Net loss was -₹1.23 Cr (-3% margin). EBITDA was ₹3.81 Cr (10% margin). Revenue has grown at a compounded annual rate of -7% over three years and +2% over five years.

  • ₹39.23 CrRevenue · FY 2023 · +80% YoY
  • -₹1.23 CrNet loss · -3% margin
  • ₹3.81 CrEBITDA · 10% margin
  • ₹5.02 CrPaid-up capital
  • 132Employees (provident fund records)
  • -7%Revenue CAGR, 3 years
  • +2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Classklap Private Limited are on its company page.

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Detailed financial statements for ClassKlap

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Timeline of ClassKlap

5 dated milestones of ClassKlap across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded ClassKlap is founded.
  2. Funding First funding round of $972K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $819K.
  5. Exit Acquired by Eupheus Learning.

Competitors of ClassKlap

ClassKlap has 3 listed competitors in our database, 3 of them funded. They include ConveGenius, Eupheus Learning and Educational Initiatives.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
convegenius.com2013Noida, India$16.04M436
AI-powered platforms are developed for personalized educational learning and assessments.
eupheus.in2017Delhi, India$29.1M328
School transformation solutions with content and technology are provided.
ei.study2001Ahmedabad, India$30.72M429
Online platform providing learning solutions for school students
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Detailed competitors of ClassKlap

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Top companies in Education Technology Platforms

3 companies that operate in the same segment as ClassKlap (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 43.22 M1,140
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Related news about Classklap

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Frequently Asked Questions about ClassKlap

ClassKlap was founded in 2009 and raised its 1st funding round 5 years after it was founded.

ClassKlap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

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 Seed of $972.37K, raised on Oct 2014.

ClassKlap has 132 employees.

The primary company behind ClassKlap, Classklap Private Limited, reported revenue of β‚Ή39.23 Cr for FY 2023, up 80% year on year.

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.

ClassKlap's top competitors include ConveGenius, Eupheus Learning and Educational Initiatives.

ClassKlap offers 21st Century Curriculum, School Mitra ERP, Enounce, Pickatale, and MathBuddy.

ClassKlap has 7 investors. Key investors include Eupheus Learning, Michael & Susan Dell Foundation, Lightrock India, MSDF, and Aspada.

The valuation of ClassKlap is $27.1M as of Nov 2018.

ClassKlap operates through Classklap Private Limited.

Yes. ClassKlap was acquired by Eupheus Learning in September 2021.

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