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.
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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Investors in MyClassboard
MyClassboard has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ICICI Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Commercial bank
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Founded Year | Domain | Location |
Investments & Acquisitions by MyClassboard
Financial Statements - MyClassboard
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.
| 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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Frequently Asked Questions about MyClassboard
MyClassboard was founded in 2009 and raised its 1st funding round 11 years after it was founded.
MyClassboard is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ajay Sakhamuri is the current CEO of MyClassboard. They have also founded this 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.
As of Sep 11, 2025, the latest employee count at MyClassboard is 176.
Annual revenue of MyClassboard is $2.48M as on Mar 31, 2024.
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.
MyClassboard's top competitors include PowerSchool, Brightwheel and GoGuardian.
MyClassboard offers ERP, LMS, Finance, Admission, and HR.
MyClassboard has 1 investor. Key investors include ICICI Bank.
The valuation of MyClassboard is $6.5M as of Dec 2020.