Gurugram-based, India’s upskilling and career development startup Seekho raised USD 3 million in pre-Series A funding. The round took place on March 30, 2022. The funding saw participation from Sequoia Capital India’s Surge. Besides, other investors, including the family office of JM Financial Group, LetsVenture, Trica, Super Morpheus, and Yuj Ventures, participated in the funding.
Tech entrepreneurs such as Varsha Rao and Amit Ranjan invested in Seekho.
Purpose of Funding for Seekho
Seekho will deploy the latest capital to develop its disruptive business model. They want to build a super affordable model that provides access to career-related courses and workshops delivered live by industry mentors.
Moreover, the startup will also provide affordable career-related courses and workshops.
What the co-founders have to say
“Seekho believes that the higher education system doesn’t prepare you for the world of work. Between graduating and starting work, there is a sizable gap – filled neither by the educational institutions nor the employers. We are using technology to truly democratise job-led education – in an affordable, fun and gamified way,” said Divya Jain, co-founder of Seekho.ai.
“We want to bring world-class career education at affordable prices to Indians. We believe that Stanford/Harvard’s level of quality content and an application-based learning approach is the need of the hour to solve India’s demographic dividend problem. Our vision is super large, and we’re just getting started! We feel privileged to partner with the right set of investors who share our vision,” commented Arihant Jain, co-founder of Seekho.ai.
“Now, our belief is that we are going for growth. Speaking of growth, we will invest in hiring a bigger, better team. We will also be spending the funds on advertising, brand development, customer acquisition and tech development. In the next 3-4 years, the biggest milestone is $100 million in revenue, which is when we will be a successful and scalable startup. Reaching anywhere between $5 and $10 million will help us raise seed funding later this year,” he added.
“We are seeing high traction in finance, analytics and data science and also product management is becoming a hot field,” Jain said.
What the investor has to say
“Seekho is working on the incredibly exciting job tech space, i.e. creating a learning platform with real outcomes. What is exciting for us is that they are genuinely democratising higher education for our youth and created an offering that is affordable yet effective,” added Nimesh Kampani of JM Financial.
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