OTT platform that emphasizes education According to sources with knowledge of the situation, Seekho is currently in the process of raising up to $10 million in a new funding round. This is the second consecutive round of funding for the Bengaluru-based company in less than 18 months.
Seekho is seeking to raise $8-10 million in a Series A round, with Lightspeed and Elevation leading the investment.” In March of the previous year, it secured $3 million in funding from Elevation and other investors.
Seekho assists individuals in acquiring new skills and knowledge. It provides a diverse selection of courses to equip students with the necessary skills to pursue careers in a variety of disciplines, such as education, parenting, stock market, and Instagram.
Concise 2-5 minute videos comprise its educational content, which is intended for tier II and beyond. These videos are organized into episodic series, which offer valuable insights without overwhelming the viewer. Seekho provides subscription programs on a monthly and weekly basis.
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Another source, who preferred to remain anonymous, stated, “The terms of the agreement have been finalized, and the transaction will be executed shortly, provided that no unforeseen circumstances arise.” “Two investors are interested in purchasing 20% of Seekho, which will result in a valuation of approximately $45 million.”
It is evident that Elevation Capital has confidence in the three-year-old startup Seekho, as evidenced by its decision to co-lead the new round. The VC firm has reported that approximately 30% of Seekho users have chosen annual plans, which implies that the platform’s popularity is not a temporary trend.
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