December 18, 2024
Startup Updates

Seekho App Secures $8 Million in Series A Funding Led by Lightspeed

Seekho, the innovative learning-focused OTT platform, has successfully raised $8 million in its Series A funding round, with prominent venture capital firm Lightspeed leading the investment. The announcement was made by Seekho’s Founder and CEO, Rohit Choudhary, in a LinkedIn post, further emphasizing the strong trust placed in the company by its users, team, and investors.

The Series A round also saw participation from Elevation Capital, a firm that has previously backed Seekho. In fact, Elevation Capital was part of Seekho’s growth story in March 2023 when it invested $3 million during the company’s pre-Series A round.

Founded in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho is quickly emerging as a major player in India’s educational landscape. The platform’s mission is clear: to empower individuals by offering an accessible way to acquire new skills. It offers an array of courses tailored to various professional and personal development needs. From stock market trading and Instagram strategies to parenting and education, Seekho’s content spans a wide range of industries.

One of Seekho’s unique selling points is its focus on short-form video content. Aimed primarily at learners in tier-II cities and beyond, the platform provides educational videos ranging from 2 to 5 minutes, which are delivered in an episodic format. This allows users to easily integrate learning into their busy schedules. To cater to a wide demographic, Seekho offers flexible subscription plans, including weekly and monthly options starting at just Rs 149.

According to sources close to the deal, Seekho is expected to be valued at around $45 million post-funding. In addition, Elevation Capital’s early involvement in the company was noted, as they secured approximately 24% ownership following the pre-Series A round.

As Seekho continues to scale, it is positioning itself as India’s go-to platform for lifelong learning, revolutionizing the way people access education. The backing from Lightspeed and Elevation Capital is a strong endorsement of the company’s mission to make skill acquisition more accessible and engaging, particularly for audiences outside of India’s major metropolitan areas.

With its expanding user base and continuous innovation in the learning space, Seekho is on track to further disrupt the edtech sector in India and beyond, fostering a culture of continuous personal and professional growth.