Topic

edtech

The image features the founders of Seekho—Rohit Choudhary, Keertay Agarwal, and Yash Banwani—standing together and smiling in front of the Seekho logo. The background is a dark purple, and on the right side, a large smartphone screen displays various app elements, including brightly colored graphics that highlight educational content like 'Monetize Channel in 7 Days,' 'Video Dekh Kar Kamaiye,' and 'Kaise Karein Aadhaar Update.' The app interface also showcases categories such as Free Series, Technology, Business, and Online Earning

Seekho Close to Finalizing $10M Funding Round Led by Lightspeed and Elevation

Bengaluru-based online education platform Seekho is on the verge of closing a $10 million Series A funding round, co-led by Lightspeed and Elevation Capital. Founded in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho offers diverse, short courses designed to make learning accessible to a wide audience, including tier-II cities. Valued at around $45 million, the platform has attracted strong investor confidence, with Elevation Capital now holding a 24% stake. The funding will enable Seekho to further expand its reach and impact in the online education space.

Unacademy founder Gaurav Munjal in front of the Unacademy logo, addressing recent company developments and future growth plans.

Unacademy Founder Assures Growth Amid Layoffs

After Unacademy laid off 250 employees, founder Gaurav Munjal reassured stakeholders on X, emphasizing the edtech company's projected growth and profitability. He refuted merger or sale rumors, focusing on long-term vision despite a challenging funding environment. The workforce has reduced from over 6,000 to under 2,000 due to restructuring efforts aimed at achieving sustainable growth. Munjal's clarifications followed a report suggesting Unacademy was seeking a merger or bailout. Support from business leaders like Ola's Bhavish Aggarwal and Oyo's Ritesh Agarwal reinforced Munjal's message. Founded in 2015, Unacademy has raised $877 million, last valued at $3.4 billion, focusing on profitability amid tough market conditions.