Fusion Klassroom Edutech to launch IPO July 31 raising 39.04cr
Fusion Klassroom Edutech, a Mumbai-based ed-tech and skill development company, is all set to launch its IPO on July 31.
The company aims to raise ₹39.04 crore at a ₹148.1 crore valuation, with shares priced between ₹151 and ₹159.
Funds for offline centers AI upgrades
The IPO includes 19.89 lakh new shares and about 4.65 lakh shares from existing promoters and investors.
The anchor book opens July 30, the offer closes August 4, and trading begins on BSE SME from August 7.
Funds raised will go toward expanding offline centers, upgrading AI tech for their education app (which already has over six lakh users), creating new content, marketing, paying off debt, and possibly acquiring other companies.
In the financial year ended March 2026, profits jumped 162% year-on-year, showing strong growth as they take this next step.