Registrar of Companies (RoC) revealed that the short-learning video platform Seekho reported a significant widening of its losses in the fiscal year ended March 2025.
Despite a massive explosion in revenue, the company’s net loss grew more than 8x to ₹38.8 crore in FY25, up from ₹4.6 crore in the previous fiscal year.
Financial Breakdown: Growth at a Cost
Seekho’s FY25 results highlight an aggressive “edutainment” play where scaling the user base has taken priority over immediate bottom-line stability.
- Revenue Explosion: Operating revenue jumped 12.3x year-on-year to ₹141.5 crore in FY25, compared to just ₹11.5 crore in FY24.
- The Marketing “Burn”: The primary driver of the loss was a massive advertising push. Seekho spent ₹134.2 crore on marketing alone—accounting for roughly 75% of its total expenses.
- Total Expenditure: Overall spending surged over 9x to ₹179.2 crore, driven by marketing, employee benefits (₹23.4 Cr), and content creation costs (₹10.4 Cr).
- Unit Economics: On a unit level, the company spent ₹1.27 to earn a single rupee of operating revenue in FY25.
Funding and Valuation Context
The financial report follows a highly successful funding year for the Bengaluru-based startup, which appears to have maintained strong investor backing despite the heavy burn.
| Metric | Status (March 2026) |
| Latest Funding | Raised $28 Million in Series B (September 2025). |
| Lead Investor | Bessemer Venture Partners (joining Elevation and Lightspeed). |
| Current Valuation | Estimated at $180 Million (~₹1,540 Crore), a 4.6x jump from its Series A. |
| Total Raised | Approximately $40 Million to date. |
The “Netflix for Learning” Pivot
Founded in 2020 by Rohit Choudhary, Keertay Agarwal, and Yash Banwani, Seekho has successfully carved out a niche in the “vernacular edutainment” space:
- Format: Offers 3–5 minute bite-sized videos across Hindi, Tamil, and Telugu.
- Content: Focuses on practical skills like stock trading, Instagram growth, business operations, and government exam prep for Tier-2 and Tier-3 audiences.
- User Base: Claims over 25 million monthly active users with a 60% quarter-on-quarter growth rate.
- Monetization: Primarily driven by subscriptions, benefiting from the widespread adoption of UPI Autopay in India.
Future Outlook
With over ₹40 crore in cash reserves as of March 2025 (pre-Series B) and a fresh $28 million in the bank, Seekho is now pivoting toward AI-first solutions. The company plans to use its new capital to build automated content recommendation engines and expand its library to 25–30 categories, including a planned launch in the United States later this year.
