About MyClassboard
MyClassboard is a company based in Hyderabad (India) founded in 2009 by Raveendra Choudary Adusumilli and Ajay Sakhamuri.. MyClassboard has raised $611.67 thousand across 1 funding round from investors including ICICI Bank. The company has 176 employees as of September 11, 2025. MyClassboard offers products and services including ERP, LMS, Finance, Admission, and HR. MyClassboard operates in a competitive market with competitors including PowerSchool, Brightwheel, Anthology, GoGuardian and Frontline Education, among others.
- Headquarter Hyderabad, India
- Employees 176 as on 11 Sep, 2025
- Founders Raveendra Choudary Adusumilli, Ajay Sakhamuri
- Stage Minicorn
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Sectors
TechnologyEducation
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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 Myclassboard Educational Solutions Private Limited
- Date of Incorporation 15 Dec, 2009
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$2.48 M (USD)15.5as on Mar 31, 2024
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Net Profit
$-18.55 K (USD)96.18as on Mar 31, 2024
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EBITDA
$15.5 K (USD)104.25as on Mar 31, 2024
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Total Equity Funding
$611.67 K (USD)
in 1 rounds
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Latest Funding Round
$611.67 K (USD), Seed
Dec 29, 2020
- Investors
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Employee Count
176
as on Sep 11, 2025
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Products & Services of MyClassboard
MyClassboard offers a comprehensive portfolio of products and services, including ERP, LMS, Finance, Admission, and HR. 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.
System for student data management and administrative analysis
Platform for online classes and student assessments
Software for budgeting, fee tracking, and expense management
Tools for lead management and application processing
Module for staff assessments and payroll processing
Funding Insights of MyClassboard
MyClassboard has successfully raised a total of $611.67K through 1 strategic funding round. The most recent funding activity was a Seed round of $611.67 thousand completed in December 2020. 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 1
- Last Round Seed — $611,667
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First Round
First Round
(29 Dec 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - MyClassboard | Valuation | ICICI Bank |
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| 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 MyClassboard
MyClassboard has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ICICI Bank. 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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Commercial bank
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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 MyClassboard
| 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 - MyClassboard
| 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 |
Myclassboard Comparisons
Competitors of MyClassboard
MyClassboard 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 PowerSchool, Brightwheel, Anthology, GoGuardian and Frontline Education, 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 |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
Online platform for preschool management and parent updates is offered.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
Prospecting and student retention platform for educational institutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Myclassboard
Frequently Asked Questions about MyClassboard
When was MyClassboard founded?
MyClassboard was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Where is MyClassboard located?
MyClassboard is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of MyClassboard?
Ajay Sakhamuri is the current CEO of MyClassboard. They have also founded this company.
Is MyClassboard a funded company?
MyClassboard is a funded company, having raised a total of $611.67K across 1 funding round to date. The company's 1st funding round was a Seed of $611.67K, raised on Dec 29, 2020.
How many employees does MyClassboard have?
As of Sep 11, 2025, the latest employee count at MyClassboard is 176.
What is the annual revenue of MyClassboard?
Annual revenue of MyClassboard is $2.48M as on Mar 31, 2024.
What does MyClassboard do?
MyClassboard was founded in 2009 in Hyderabad, India, as a provider of cloud-based enterprise resource planning solutions for educational institutions. Operations focus on the edtech sector, with services including learning management systems, online platforms, student enrollment, fee management, staff recruitment, salary processing, report cards, and modules for transport, hostel, inventory, and library. Mobile applications are available for Android and iOS devices.
Who are the top competitors of MyClassboard?
MyClassboard's top competitors include PowerSchool, Brightwheel and GoGuardian.
What products or services does MyClassboard offer?
MyClassboard offers ERP, LMS, Finance, Admission, and HR.
Who are MyClassboard's investors?
MyClassboard has 1 investor. Key investors include ICICI Bank.
What is MyClassboard's valuation?
The valuation of MyClassboard is $6.5M as of Dec 2020.