Seekho: Building the 'Netflix for Learning' | Day One | Elevation Capital

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  • Опубликовано: 25 июл 2024
  • 📱New Day One podcast episode!
    "We had just one month of runway left, and that was in a fixed deposit."
    This moment of truth in May 2022 sparked a bold decision that would define Seekho's trajectory. With their backs against the wall, co-founders Rohit Choudhary, Keertay, and Yash took a leap of faith - they made the platform paid-only, with a subscription model. The bet paid off spectacularly, and today, Seekho boasts more than 500,000 paying subscribers.
    In this fascinating conversation with Amit Aggarwal (Principal, Elevation Capital), Rohit takes us through his journey of building a "Netflix for learning" targeted at the masses. Seekho makes learning easy and fun - with a learning-focused OTT platform that's tapping into India's massive appetite for bite-sized, engaging educational content.
    Rohit's journey is filled with counterintuitive decisions - from charging users upfront in a market known for its aversion to paying for content to running a lean team of just 18 people at this scale. These choices, driven by a deep understanding of the Indian consumer and a commitment to efficiency, have set Seekho apart.
    In this episode, you will learn about:
    1. Identifying and serving the learning needs of the masses
    2. Evolution of Seekho’s supply engine
    3. Hiring for cultural fit rather than specific skills
    4. Balancing engagement and monetization for a consumer app
    Read our investment memo on Seekho here: elevationcapital.com/summit/m...
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    Chapters
    00:00 Coming Up
    01:00 Introduction
    02:30 How the Idea of Seekho Originated
    04:00 Vision: Netflix for Learning
    06:00 Evolving the Platform
    06:30 Market Insights
    07:20 Understanding the Consumer
    09:50 User Insights and Engagement
    11:00 The Bold Monetization Strategy
    13:00 Launching Monetization
    14:50 Challenges and Learnings
    16:50 Creating High-Quality Content
    18:50 Leveraging Creators
    20:00 Efficient Team Building
    21:00 Revenue per Employee
    23:00 Reflections on Growth
    25:00 Scaling the Platform
    27:00 Building a Lean Team
    29:00 Hiring Principles
    31:00 Operating with Efficiency
    33:00 Understanding User Needs
    36:00 Reflections on the Journey
    39:00 Final Thoughts
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    About Us
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