Bengaluru-based Learning OTT Startup Secures Investment for Growth
Seekho, a learning-focused OTT platform, has raised $8 million in its Series A funding round, with Lightspeed leading the investment. Elevation Capital also participated in the round. The funding round, which was first reported by Entrackr in September, follows a $3 million raise from Elevation Capital and other investors in March 2023.
Rohit Choudhary, the founder and CEO of Seekho, shared the announcement on LinkedIn, expressing gratitude for the trust placed in the company by users, the team, and investors. He emphasized that this investment would help Seekho continue its mission to become India’s go-to short video platform for lifelong learning.
Platform Overview
Founded in 2020 by Choudhary, Keertay Agarwal, and Yash Banwani, Seekho is designed to help individuals acquire new skills and knowledge. The platform offers a wide range of short courses aimed at preparing learners for careers in diverse fields such as parenting, the stock market, Instagram marketing, and education.
Seekho targets audiences primarily in tier-II cities and beyond, offering content in the form of short, 2-5 minute episodic videos. It offers flexible subscription plans, including weekly and monthly options starting at Rs 149.
Company Growth and Valuation
The Series A funding round is expected to value Seekho at around $45 million. After the pre-Series A round, Elevation Capital acquired nearly 24% of the company, while the three co-founders each held a 16.65% stake.
Seekho’s innovative approach to education and its focus on providing accessible, bite-sized learning content continues to resonate with its audience, driving its growth and positioning in the competitive EdTech space.
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