Total amount raised
$8.5 Millions
Latest funding date
12/1/2024
Location
Seekho has successfully raised $8 million in a Series A funding round led by Lightspeed Venture Partners, with participation from Elevation Capital and other investors. The platform offers short learning videos on various topics, including technology, money, and personal growth.
Keep reading to explore the intricacies of Seekho's fundraising journey and the investors backing this innovative platform.
What Is Seekho?
Founded on September 21, 2020, Seekho is headquartered in Bangalore, Karnataka, India. The platform offers a discovery and learning experience through short, engaging videos on technology, money, and business.
Seekho was established by Keertay Agarwal, Rohit Choudhary, and Yash Banwani. The company aims to provide high-quality education in regional Indian languages, making learning accessible and fun.
With a team of 11-50 employees, Seekho continues to grow, offering over 10,000 video courses and various subscription plans to cater to diverse learning needs.
How Much Funding Has Seekho Raised?
- Pre-Seed Round
- Amount Raised: Not publicly disclosed
- Date: January 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial funding to develop the platform and launch the first set of educational videos.
- Pre-Seed Round
- Amount Raised: Not publicly disclosed
- Date: August 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the platform's features and expand the content library.
- Seed Round
- Amount Raised: ₹37.5 million (approximately $500,000)
- Date: July 2022
- Lead Investors: We Founder Circle
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase user acquisition.
- Series A
- Amount Raised: $8 million
- Date: December 2024
- Lead Investors: Lightspeed Venture Partners
- Valuation at Round: $45 million
- Motivation Behind the Round: To expand Seekho's offerings and reach more users.
Total Amount Raised: $8.5 million
Current Valuation: $45 million
Key Investors
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a global venture capital firm that invests in the enterprise, consumer, and health sectors. They have a strong track record of supporting innovative startups.
- Investment Focus Areas: Enterprise, consumer, health sectors
- Notable Investments: Snapchat, Nest, GrubHub
- Elevation Capital
- Details: Elevation Capital is a venture capital firm focusing on early-stage investments in India. They have been instrumental in the growth of several high-profile startups.
- Investment Focus Areas: Technology, internet companies
- Notable Investments: Paytm, Swiggy, UrbanClap
What's Next for Seekho?
Seekho stands at the cusp of significant growth opportunities, particularly in expanding its user base in tier-II cities and beyond. The platform's focus on short, engaging videos in regional languages positions it well to tap into a vast, underserved market. With the recent $8 million funding, Seekho aims to diversify its content and enhance user experience, making learning more accessible and enjoyable.
Future fundraising appears promising as Seekho continues to demonstrate strong user engagement and growth metrics. The edtech sector's increasing investment interest, despite financial instability among major players, suggests that Seekho could attract further investment rounds. However, the company must navigate intense competition from established platforms like Unacademy and Coursera, while ensuring consistent content quality and user retention.
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