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Edtech Startup Klassroom Looks to Raise $2 Mn To Expand Operations

Franchise India Bureau
Franchise India Bureau Jan 05 2019 - 1 min read
Edtech Startup Klassroom Looks to Raise $2 Mn To Expand Operations
In December 2017, the startup had raised $250,000 in a funding round led by Mohan Mechem Projects Pvt Ltd, Dhaval Patel, Nachiket Dighe and Pramod Dighe.

Edtech startup Fusion Klassroom Edutech Pvt Ltd is planning to raise $2 million to further expand its operations. In December 2017, the startup had raised $250,000 in a funding round led by Mohan Mechem Projects Pvt Ltd, Dhaval Patel, Nachiket Dighe and Pramod Dighe.

Co-Founded by Alka Javeri, Dhruv Javeri and Dhumil Javeri in 2016, Klassroom is a branded network of coaching classes that cater to students from grade 8th to 12th across all streams and boards. It identifies and partners with only the finest local coaching centers. Thus, assuring parents and students a predictable and high-quality coaching experience within their locality.

Aniket Mohan Thite, Director of Mohan Mechem Projects Pvt Ltd, said, "Klassroom is an idea whose time has come. A low capex, highly scalable business model led by honest and hungry founders ensure not only the safety of capital but also hyper growth opportunities. The education sector needs innovation not only at the online level but also at the offline level. Klassroom bridges the gap between online and offline business models. Klassroom is the future."

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