New Delhi, Sept. 3 -- Venture Capital firm Bessemer Venture Partners has led a $28 million (around Rs 246 crore) Series B funding round in edtech startup Seekho.
Goodwater Capital and existing investors Lightspeed Venture Partners and Elevation Capital also participated in the round.
"The trifecta of 800 million+ smartphone users in India, each of them spending 7-8 hours a day, and frictionless online payments means that almost all aspects of life have moved to digital platforms - from buying groceries to financial transactions and now, with Seekho, education as well. The team at Seekho is perfectly positioned to help all segments of India across Metros and tiers of cities lead fuller, better-informed lives," said Anant Vidur Puri, Partner at Bessemer Venture Partners.
Founded in 2020 by Rohit Choudhary, Keertay Agarwal and Yash Banwani, Seekho provides educational content through curated and personalised short videos on its platform. These videos are across a wide range of categories including technology, money, and business.
The startup plans to use the capital to build new experiences through new content formats and to leverage AI-first solutions, it said in a statement.
"We believe learning should be relevant, bite-sized, and accessible in the palm of your hand," said Rohit Choudhary, Founder. "With Bessemer joining us on this journey, we're excited to build a category-defining product that puts 'Edutainment on Tap' for the next 500 million Indians. This funding will accelerate our vision of making learning as seamless as scrolling a feed - but with impact that lasts a lifetime."
The company currently claims to have 25 million monthly active users, a growth of 60% over the previous quarter.
Seekho previously raised $8 million in Series A in December 2024. The round was led by Lightspeed Venture Partners. Elevation led its seed round in March 2023.
Published by HT Digital Content Services with permission from VC Circle.