seekho funding: Upskilling firm Seekho raises $3 million in funding led by Sequoia Capital India Surge

Bangalore: AI-enabled upskilling and career development platform Seekho has raised $3 million in a pre-Series A funding led by Sequoia Capital India surge.

The round included other investors such as the family office of JM Financial Group, LetsVenture, Trika, Super Morpheus and Yuz Ventures.

“Now, we believe we are headed for growth… Speaking of growth, we will invest in hiring a bigger, better team. We will be advertising and advertising,” Arihant Jain, co-founder of Seekho, told ET. , will also spend funds on brand development, customer acquisition and technology development.

The funding saw the participation of tech entrepreneurs Varsha Rao and Amit Ranjan.

Launched in April 2021, the company is touching a revenue run rate of $5 million and expects to enable 7 million users by the end of 2023. Currently, there are around 5 million users of Sikho.

Jain said, “In the next 3-4 years, the big milestone is $100 million in revenue and that is when we are a successful and scalable startup… This will help in raising seed funding later this year.”

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“We are seeing high traction in finance, analytics and data science and product management is also becoming a hot area,” Jain said.

According to Great Learning’s ‘Upskilling Outlook in India 2022’ report, the need and intent of upskilling has increased significantly in 2022, with around 80% of professionals (including freshers) planning to upskill themselves.

The report said that IT, banking, education and training, healthcare and consulting are the top 5 choices among professionals who want to upskill in 2022.

Jain said, “The problem with Web3 is that many new career options are emerging but our structured higher education cannot keep up with that…

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