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Beyond Capital backs Clinikk, Fasal; QuID Cash, Curie Money, Seekho get funding

VCCircleVCCircle · 10m ago
Beyond Capital backs Clinikk, Fasal; QuID Cash, Curie Money, Seekho get funding
Medial

Indian startups Clinikk and Fasal have received investments from venture capital firm Beyond Capital Ventures. Both startups successfully raised funding during BCV's second fund deployment. Clinikk, a full-stack healthcare services provider, plans to use the investment to expand its primary healthcare operations and develop new products. Fasal, an agritech platform, will use the funding to expand domestically and internationally, as well as diversify its business streams. Additionally, fintech startups QuID Cash and Curie Money have secured early-stage funding, with QuID Cash receiving $4.5 million and Curie Money raising $1.2 million. Seekho, an OTT learning platform, has raised $8 million in a Series A funding round led by Lightspeed Venture Partners.

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Fintech startup QuiD Cash raises $4.5 Mn in pre-Series A round

EntrackrEntrackr · 10m ago
Fintech startup QuiD Cash raises $4.5 Mn in pre-Series A round
Medial

Supply chain fintech startup QuiD Cash has raised $4.5 million (around Rs 38.23 crore) in its pre-Series A round from a host of angel investors, including Piyush Jain and existing backer MINTCAP. Earlier in 2024, QuiD had raised Rs 5 crore in its pre-seed funding led by Mint Cap Enterprises and Stone Park Capital. The proceeds will be used for technology enhancement and business growth. The firm has also launched QuiD Capital, an NBFC designed to facilitate anchor-led invoice financing. Founded by Subhash Gupta and Vikram AG, QuiD Cash provides tech-based financial solutions through its B2B supply chain platform. It serves around 8,000 users and partners with over 20 major companies in the FMCG, automotive, pharmaceuticals, and agriculture industries. These companies handle transactions worth Rs 50 crore to RS 250 crore every month. The firm operates with a team of 40 employees and plans to expand to 50 people next year. It aims to onboard 5 lakh retailers in the next two years.

Exclusive: Seekho set to raise $25 Mn, hits $4 Mn monthly revenue

EntrackrEntrackr · 6m ago
Exclusive: Seekho set to raise $25 Mn, hits $4 Mn monthly revenue
Medial

Exclusive: Seekho set to raise $25 Mn, hits $4 Mn monthly revenue Established in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho is a platform that helps individuals build skills and knowledge through short-term courses. Learning-focused over the top (OTT) platform Seekho is raising another round to the tune of $25-30 million, sources aware of the development told Entrackr. The Bengaluru-based startup scooped up $8 million back in December 2024. “Bessemer is in late-stage talks to lead a $25–30 million round in Seekho OTT, with participation from existing investors such as Lightspeed and Elevation,” one of the sources said. “The investment discussions follow the company’s strong performance in user engagement and revenue growth.” Established in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho is a platform that helps individuals build skills and knowledge through short-term courses. It prepares users for careers in areas such as parenting, stock trading, Instagram growth, and education. The platform targets tier-II cities and beyond, delivering content through short, episodic videos lasting two to five minutes. So far, Seekho has raised $11 million across two rounds from Lightspeed, Elevation, PointOne Capital, Sprout Investment, AngelList, Succeed and several angel investors such as Gaurav Munjal, Anupam Mittal, Alok Mittal, Harsh Daga, Abhinav Daga, Hemant Goteti and Zishaan Hayath. “Seekho is currently generating an annual recurring revenue (ARR) of $45-50 million, with monthly revenues in the range of $4-4.5 million (Rs 35–40 crore),” said another source. The person added that the company is expected to be valued at around $120–130 million post-money. The person added that the company is expected to be valued at around $120–130 million post-money. To be sure, the terms and contours of the deal could change at the last moment. Queries sent to Seekho, Bessemer, Lightspeed and Elevation did not elicit response until publication of the story. For the fiscal year ending in March 2024, five-year-old Seekho registered Rs 11.5 crore in revenue with Rs 4.6 crore losses. Investor interest in Seekho is evident as the company continues to show swift growth with deep markets — tier II, III, and even tier I cities — still to tap. The platform’s short video format is resonating well with Gen Z audiences, who prefer engaging with videos over traditional reading materials. Seekho appears to have found a strong product-market fit with a large market to serve. Its growth also highlights the presence of white spaces in the edtech sector, which has otherwise been going through a difficult and boring phase.

Curie Money receives NPCI approval, goes live across India

EntrackrEntrackr · 13d ago
Curie Money receives NPCI approval, goes live across India
Medial

Curie Money receives NPCI approval, goes live across India Curie Money, a fintech platform focused on savings and payments, has received final approval from the National Payments Corporation of India (NPCI) to expand its services nationwide. With this approval, Curie has exited its beta phase and is now live for all users on Android and iOS. Curie previously raised $1.2 million (Rs 10 crore) in seed funding in December 2024, led by India Quotient with participation from other investors. Founded by Arindam Ghosh and Tushar Choudhary, Curie Money operates as a mutual fund–backed UPI app that enables users to invest, spend, and manage money seamlessly. It holds an AMFI mutual fund distribution license and NPCI approval for UPI operations. It allows users to grow their money in liquid mutual funds while maintaining instant access through UPI payments. The platform combines investment and payments, enabling users to earn daily returns and spend instantly from the same balance. The product operates through partnerships with YES Bank and asset management companies including ICICI Prudential and Bajaj Finserv. It complies with mutual fund and payment regulations to ensure secure transactions. Users earn returns of up to 6.7% annually through liquid mutual funds, with every UPI payment processed by instantly redeeming the required amount. The model aims to replicate money market systems used in developed economies by linking liquidity and returns in a single product.

Exclusive: Seekho app set to raise $8-10 Mn from Lightspeed and Elevation

EntrackrEntrackr · 1y ago
Exclusive: Seekho app set to raise $8-10 Mn from Lightspeed and Elevation
Medial

Learning-focused OTT platform Seekho is in the advanced stages of raising up to $10 million in a new funding round, according to sources familiar with the matter. This marks a consecutive round of funding for the Bengaluru-based company within a span of less than 18 months. “Seekho is looking to raise $8-10 million in Series A round, with Lightspeed and Elevation leading the investment,” said a source on condition of anonymity. It raised $3 million from Elevation and other investors in March of last year. Launched in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho helps people gain new skills and knowledge. It offers a variety of courses to prepare learners for jobs in different fields including parenting, share market, Instagram, and education, among others. Designed for tier II and beyond, its educational content includes concise 2-5 minute videos. These videos are structured in episodic series, providing valuable insights without overwhelming the audience. Seekho offers monthly and weekly subscription plans. “The terms of the deal have been finalized, and if nothing goes wrong at the last moment, the transaction will be executed soon,” said another source who wished to remain anonymous. “Seekho will be valued at around $45 million as two investors are looking to acquire 20% of the company.” Elevation Capital’s confidence in the three-year-old startup Seekho is evident from its decision to co-lead the new round. According to the VC firm, around 30% of Seekho users have opted for annual plans, suggesting that the platform’s popularity is not just a fleeting trend. Queries sent to Seekho, Elevation and Lightspeed did not elicit an immediate response. We’ll update the post in case they do. As per startup data intelligence platform TheKredible, Elevation Capital acquired nearly 24% stake in the company after Series A round. All three co-founders have 16.65% stake each.

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