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Seekho app raises $8 Mn in Series A led by Lightspeed

EntrackrEntrackr · 7m ago
Seekho app raises $8 Mn in Series A led by Lightspeed
Medial

Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the company’s founder and CEO, Rohit Choudhary. The round also saw participation from Elevation Capital. Previously, the Bengaluru-based startup raised $3 million from Elevation and other investors in March of last year. Entrackr exclusively reported about the deal in September. “This is a testament to the trust our users, team, and investors place in us as we build India's go-to short video platform for Lifelong Learning,” said Choudhary via Linkedin post. While the company did not provide many details about the round, it was expected to be valued at around $45 million. Founded in 2020 by Choudhary, Keertay Agarwal, and Yash Banwani, Seekho helps individuals acquire new skills and knowledge. The platform offers a variety of courses to prepare learners for careers in fields such as parenting, the stock market, Instagram, and education, among others. Targeting audiences in tier-II cities and beyond, Seekho delivers educational content through short 2-5 minute videos in episodic series. The platform provides flexible subscription plans, with weekly and monthly options starting at Rs 149. According to startup data intelligence platform TheKredible, Elevation Capital acquired nearly a 24% stake in the company after the pre-Series A round. All three co-founders held 16.65% stake each as of that round. As per Entrackr's sources, Seekho is expected to dilute 20% of its equity in the Series A financing round.

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

EntrackrEntrackr · 9m 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.

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

EntrackrEntrackr · 3m 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.

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

VCCircleVCCircle · 7m 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.

Exclusive: Wealthtech startup Stable Money raises $15 Mn in new round

EntrackrEntrackr · 12m ago
Exclusive: Wealthtech startup Stable Money raises $15 Mn in new round
Medial

Wealthtech startup Stable Money has raised over Rs 123 crore nearly $15 million in a new round from RTP Capital, Lightspeed India, and Matrix Partner. The Bengaluru-based company has become one of the few startups to close two rounds within a year, especially during the so called funding winter. The board at Stable Money has passed a special resolution to issue 77,135 CCPS at price of Rs 16,019 each to raise Rs 123.56 crore or $14.74 million, its regulatory filing accessed from the Registrar of Companies (ROC) shows. RTP Capital led the round with Rs 54.26 crore ($6.5 million) while Lightspeed India and Matrix Partners India pumped in Rs 34.64 crore ($4.15 million) each in this round. In August 2023, Stable Money scooped up $5 million in its first equity fundraise led by Matrix Partners and Lightspeed. Titan Capital, Mar Shot Ventures and a clutch of prominent angel investors also participated in the round. As per startup data intelligence platform TheKredible, Stable Money will be valued at around $60 million post money. This is nearly four fold jump in valuation from $16.5 million in the last round. Founded in late 2022 by Saurabh Jain and Harish Reddy, Stable Money is building a fixed-return investment platform to provide financial consultation services to investors. The platform will also publish financial literacy content on its online platform to create awareness among investors. A clutch of wealthtech startups have managed to score decent funding in the ongoing calendar year. Recently Deserv raked in $32 million in its Series B round led by Premji Invest. In May, wealth management platform Wealthy raised $5.4 million in a new round led by Alpha Wave Incubation Fund.

Stimuler raises $3.75 Mn in pre-Series A round led by Lightspeed

EntrackrEntrackr · 2m ago
Stimuler raises $3.75 Mn in pre-Series A round led by Lightspeed
Medial

Stimuler, an AI-driven spoken English learning platform, has raised $3.75 million in its pre-Series A round led by Lightspeed and SWC Global. MVP, Rebright, Force Ventures, GradCapital, and Operators Studio have also participated. The proceeds will be used to enhance its AI infrastructure, expand its technical team, and grow its presence in global markets, particularly in Latin America and Southeast Asia. Stimuler aims to increase monetization fivefold over the next 12 to 18 months. Stimuler offers a voice-first tutor for English-as-a-second-language (ESL) users. The app claims to have recorded over four million installs and has more than 45,000 paying users across Android and iOS. A majority of its users are based outside India, with significant adoption in Indonesia and other markets. Its platform provides users with real-time feedback on fluency, pronunciation, vocabulary, and grammar. The firm serves users in over 175 countries.

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