secretstalks
Learning-focused OTT platform Seekho is on track to complete a new funding round, anticipated to raise up to $10 million, according to sources familiar with the matter. This would mark Seekho’s second funding round in less than 18 months.
The Bengaluru-based company is targeting between $8 million and $10 million in its Series A round, with Lightspeed and Elevation Capital leading the investment, as shared by an anonymous source. In March of last year, Seekho successfully raised $3 million from Elevation and other investors.
Founded in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho aims to empower individuals with new skills and knowledge. The platform offers a diverse range of courses tailored to prepare learners for various job sectors, including parenting, stock trading, social media, and education.
Primarily catering to users in tier II cities and beyond, Seekho’s content is delivered in short, episodic video formats lasting 2 to 5 minutes. This approach provides quick, digestible lessons designed to deliver valuable insights without overwhelming learners. The platform features both monthly and weekly subscription plans.
Details of the investment agreement have been finalized, and barring any last-minute issues, the transaction is expected to close soon. Seekho is projected to be valued at approximately $45 million, with two investors looking to acquire a 20% stake in the company.
Elevation Capital’s decision to co-lead this funding round highlights its confidence in the young startup. The firm noted that around 30% of Seekho’s users have chosen annual subscription plans, reflecting the platform’s strong growth and user engagement.
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