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Seekho In Talks To Raise $10 Mn In Series A Round Co-Led By Lightspeed, Elevation Capital

Edtech Startup Seekho Raises $3 Mn To Achieve 7 Mn User Base By 2023
SUMMARY

This marks the second consecutive round of funding for the Bengaluru-based company in less than 18 months, per a report

Seekho is set to be valued at $45 Mn as two investors aim to acquire 20% of the company

Founded in April 2021, by Divya Jain, Arihant Jain, and Ajeet Kushwaha, Seekho is a learning-focussed OTT platform

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Online learning platform Seekho is reportedly looking to raise $8-10 Mn in a Series A round that would be co-led by Lightspeed and Elevation Capital.

According to an Entrackr report, this marks the second consecutive round of funding for the Bengaluru-based company in less than 18 months. The company previously raised $3 Mn from Elevation and other investors in March last year.

“The deal terms are finalised, and if all goes smoothly, the transaction will be executed soon,” the report read, citing a source. It also said that Seekho is set to be valued at $45 Mn as two investors aim to acquire 20% of the company.

In 2022, the startup raised $3 Mn in a Pre-Series A funding round. The startup’s investors include JM Financial Group’s family office, LetsVenture, Trica, Super Morpheus, Yuj Ventures, Sequoia Capital India’s Surge, and angel investors Varsha Rao and Amit Ranjan.

Founded by Divya Jain, Arihant Jain, and Ajeet Kushwaha in April 2021, Seekho is a learning-focussed OTT platform. It uses artificial intelligence to gamify learning, awarding Karma points for milestones that can be redeemed for live classes. The platform also provides job opportunities, making it a comprehensive upskilling tool.

Seekho also offers professional courses in marketing, consulting, product management, HR management, and personal development. It is available on iOS and Android, and serves the B2C space in the edtech market, helping users advance their careers through practical education. The startup competes with Unacademy, Coursera, edX, BJYU’S and Udemy.

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