COMPANY INTELLIGENCE PROFILE
Riseom Solutions Private Limited
Indore-based edtech (brand "Class Monitor") that makes DIY home-learning kits for early-childhood education (ages 0-8), paired with a companion mobile app.
Class Monitor, operated by Indore-based Riseom Solutions, specializes in early-childhood education with DIY home-learning kits and a companion app for children aged 0-8. Founded in 2016 and leveraging a hybrid offline-to-online model, the company has over 75,000 app users and 50,000 paid subscribers. Reporting significant revenue growth, it raised approximately USD 2.04 million across multiple funding rounds and maintains an active charge with ICICI Bank.
AI-generated, may contain errors.
Business Overview
- Riseom Solutions runs the consumer brand "Class Monitor" (ClassMonitor), an early-childhood-education company founded 2016.
- Core product is a DIY "Home Learning Kit" for children aged 0-8 containing 250+ activities, flashcards, worksheets, rhymes, stories, art supplies, games, bundled with a companion mobile app, QR-code activated.
- Hybrid offline-to-online (O2O) model with B2C, B2B and a B2B2C "Mom CEO" distributor network of 100+ mothers.
- Reported 75,000+ registered app users and 50,000 paid subscribers as of May 2021.
Sector & Classification
Computer/IT & business services classification (NIC 74120 grouping) per CIN; operationally an edtech / early-childhood-education products manufacturer. Also GST-registered as a manufacturer-supplier of printed learning kits (HSN 4903 argued in AAR).
Directors & Key Management
Directors — source notes
Three directors (DINs per Tofler): - Vikas Kumar (Rishishwar) — DIN 07452677 — appointed 16 Mar 2016 (co-founder; "Vikas Rishishwar" in press) - Vijeet Pandey — DIN 07831048 — appointed 24 Jun 2017 (co-founder & CEO) - Rishika Agrawal — DIN 08655885 — appointed 07 Oct 2021 DINs sourced from Tofler only (single source) — treat as partial pending a second confirmation.
GST Registrations
Primary GSTIN: 23AAHCR6900N1Z6 (state code 23 = Madhya Pradesh) — sourced from company/GST references. PAN: AAHCR6900N. Home state: Madhya Pradesh. Number of registrations: not obtained (only the MP registration found). Status: not independently confirmed (KnowYourGST individual page not retrieved; company-listing pages are blocked). Treat GSTIN as partial — one source, format-consistent.
Financials
Riseom Solutions Private Limited reported a revenue of approximately Rs 14.7 Cr for FY2024-25, reflecting a 39.6% year-over-year growth. The previous fiscal year, FY2023-24, saw revenues of around Rs 10.5 Cr, increasing by 35% from FY2022-23. EBITDA decreased 470.99% YoY in FY2022-23, while net worth and assets grew significantly.
AI-generated, may contain errors.
| Standalone, only figures available; no consolidated reported: | |
| FY2024-25, ending 31 Mar 2025 | Revenue ~Rs 14.7 Cr, ~39.6% YoY growth, thecompanycheck / Inc42. |
| FY2023-24 | Revenue ~Rs 10.5 Cr, ~35% YoY growth, thecompanycheck. |
| FY2022-23, ending 31 Mar 2023 | Revenue band Rs 1-100 Cr |
| Tofler reports EBITDA down | 470.99% YoY, Net worth up 102.38% YoY, Assets up 101.32% YoY — exact rupee figures behind Tofler Pro, not obtained. |
| Exact EBITDA / PAT / net worth / borrowings figures: not obtained (paywalled). Historically described as profitable for 14 months prior to May 2021. | |
Funding History
- Total raised ~USD 2.04M across ~6 rounds per Tracxn, figures vary by source: Inc42 ~$1.71M; company statement ~USD 822k / Rs 6 Cr cumulative as of 2021.
- Key round: Pre-Series A of USD 480,000 (~Rs 3.5 Cr) announced 19 May 2021, from PATH India Ltd, Indian construction firm, Calega, UAE family office, and Sarvann, Oman investor group.
- Earlier angel backing included Piyush Jain, CFO, Al Hajri group.
- Latest funding round reported ~29 Nov 2022 (Inc42).
- Round-name/amount figures conflict across trackers — treat as partial.
Loans & Charges
- Open charge (s): ICICI Bank Limited — Rs 2.8 Cr, created/modified 30 September 2024 (Tofler). TheCompanyCheck references ~Rs 4 Cr open charges (figure differs). Treat exact charge amount as partial, source conflict.
Legal & Compliance
- No litigation found on Indian Kanoon (0 results).
- One GST Authority for Advance Ruling: Order MP/AAR/07/2021 dated 15 July 2021, Madhya Pradesh AAR, on whether the "Class Monitor Home Learning Kit" is classifiable under HSN 4903, children's picture/drawing/colouring books, NIL rate
- Final rate determination not captured from the accessible summary.
Competitive Landscape
- Flintobox, Skillmatics, Einstein Box, Cocomoco Kids, Osmo/BYJU'S early learning, Butterfly Fields
Frequently Asked Questions
What does Riseom Solutions do?
Riseom Solutions operates the edtech brand 'Class Monitor,' which provides DIY home-learning kits for early-childhood education (ages 0-8) paired with a companion mobile app.
What is the CIN of the company?
The CIN of the company is U74120MP2016PTC062963.
What is the GSTIN of the company?
The primary GSTIN of the company is 23AAHCR6900N1Z6, which belongs to the state of Madhya Pradesh.
When was the company incorporated?
The company was founded in 2016.
Where is the registered office of Riseom Solutions located?
The registered office is located at 401, 4th Floor, Vidhyaraj Annexe Building, B1 Basant Vihar, Near Satya Sai Square, Vijay Nagar, Indore, Madhya Pradesh 452010.
Sources
thecompanycheck.com (identity, FY24/FY25 revenue); tofler.in (DINs, PAN, capital, FY23 ratios, ICICI charge); GST Council / busy.in reference (MP AAR MP/AAR/07/2021); web search snippet citing GSTIN 23AAHCR6900N1Z6 and product; edtechreview.in & entrepreneur.com (Pre-Series A funding); inc42.com (founders, FY25 revenue, headcount, funding); tracxn.com (funding round count, used only for round context); indiankanoon.org (no cases). Falconebiz and KnowYourGST individual pages returned CAPTCHA/homepage only.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.