Bengaluru-based online education platform Seekho is set to close a new funding round of $8-10 million, less than 18 months after raising $3 million from Elevation Capital and others. The Series A funding, led by Lightspeed and Elevation Capital, underscores strong investor confidence in Seekho’s rapid growth.

• Founders: Rohit Choudhary, Keertay Agarwal, and Yash Banwani (Founded in 2020)

Key Details:

• Platform focus: Offers diverse, short courses (2-5 minute episodes) on topics such as parenting, the share market, and science, with a focus on accessibility beyond metro areas.
• User engagement: Close to 30% of users opt for annual subscription plans, indicating strong retention.

Seekho is currently valued at around $45 million, with investors looking to acquire a 20% stake, further illustrating their confidence in its future. Elevation Capital now holds a 24% stake, according to TheKredible.

While comments from Seekho, Elevation, and Lightspeed are yet to be received, the deal is in its final stages, pending any unforeseen developments. This funding will help Seekho further expand its reach in the online education space, continuing its mission of offering accessible, engaging learning for a broad audience across India.

Source: Inc42