Highlights
Seekho Secures £8 Million in Series A Funding to Enhance Lifelong Learning Initiatives
Seekho, an innovative over-the-top (OTT) educational platform, has successfully raised £8 million in its series A funding round, led by Lightspeed. This meaningful milestone was announced by the founder and CEO, Rohit Choudhary, on LinkedIn. Elevation Capital also played a vital role in this funding effort. Previously,the Bengaluru-based startup secured £3 million from Elevation and other investors in March of last year. Startup Superb was among the first to report on this crucial investment last September.
Choudhary expressed his appreciation for the support from users, team members, and investors as they strive to establish Seekho as India’s premier short video platform dedicated to lifelong learning.While specific details about this funding round are limited, estimates suggest that Seekho’s valuation is approximately £45 million.
about seekho
Founded in 2020 by Choudhary along with co-founders Keertay Agarwal and Yash Banwani, Seekho is dedicated to equipping individuals with essential skills through a diverse range of courses covering various subjects such as:
- Parenting techniques
- Stock market analysis
- Instagram marketing strategies
- Modern teaching practices
Tackling Educational Needs in Tier-II Cities
Seekho primarily targets audiences located in tier-II cities and beyond. the platform delivers educational content through engaging 2-5 minute videos organised into episodic series. To effectively cater to different user preferences, Seekho offers flexible subscription options starting at just ₹149 per week or month.
insights from startup intelligence sources during its pre-Series A fundraising phase indicated that Elevation Capital acquired an estimated 24% stake upon completing their investment when each of the three co-founders held around 16.65% equity shares individually. Recent assessments suggest that during this latest Series A financing initiative; it is anticipated that Seekho will dilute approximately 20% of its equity stake as part of their strategic growth plan moving forward.
