The OckyPocky team

The proceeds will be used to advance the brand’s technological value proposition to help students gain favorable learning experiences

India, September 9, 2021: OckyPocky, India’s first interactive learning app, is stepping up operations in the Tier II, III and IV regions of the country. The company also relies heavily on innovation and the introduction of new products to improve its contribution to the learning of English among Indian children. To this end, the company has raised an undisclosed amount of investment from the Hyderabad-headquartered SucSEED Innovation Fund as part of its seed cycle. With the proposed capital injection, the platform will further develop its content repository for a wider vernacular audience and also refine its offerings to benefit a larger student base.

In an industry where online learning for children is primarily focused on test preparation, OckyPocky offers key language learning programs so that children can achieve lasting success with a good command of the English language. Through an AI-powered platform that gives real-time feedback to children as they learn, OckyPocky ensures an exciting learning experience and better learning outcomes.

Speaking on the capital injection, Amit Agrawal, Founder and CEO of OckyPocky, said: “Since its inception, OckyPocky has been on a mission to empower children and help them master English – with the right learning tools that can open up limitless future possibilities for them. . With this seed funding round led by Sujeet Sir and SIF, we will be able to extend and further develop our technology to deliver a high quality personalized learning experience made possible by an interactive and innovative approach in cities. Indian high potential level II, III and IV. “

“The OckyPocky team is focused on solving one of the long-standing problems in the Indian education system, namely the democratization of English language learning through technology. I was impressed with the quality of the product and experience of the team as well as the personalized nature of the language learning programs they offer. Their product is powered by their enormous intellectual property and has grown steadily since the pandemic. on the vernacular and I could relate to my own stories of humiliation from my childhood by chatting with them. I will be spending time each term to help them iron out their scaling plans, and I am really excited to be doing so. to lend a hand and support them in their journey. ” Sujeet Kumar, Co-Founder and CEO Udaan (India’s Fastest Unicorn).

Explaining why they invested Vikrant Varshney Co-founder and Managing Partner of SucSEED Innovation Fund, said: “The Indian education system has undergone dramatic changes, with the pandemic and increasing digitization. As a result, the market size is expected to reach $ 3.2 billion by 2022 and $ 10.4 billion by 2025. Transformation while being able to meet all students through digital mode. OckyPocky makes learning fun and personalized. It facilitates brain development, skill development by taking advantage of a child’s natural desire to learn and also arranging creative lessons for their learners. OckyPocky is an interactive application using AI technology to create a personalized experience.

About OckyPocky

OckyPocky was created in 2017 with the vision to target parents of small town children who have difficulty speaking English. The innovative start-up was founded by former director of YouTube India and alumnus of IIM Bangalore, Amit Agrawal. He decided to bridge the gap for ‘Bharath’, thereby building a better base for his future generations at a point where it really matters.

OckyPocky – The Octopus is based on the theme of Channapatna Toy, which helps kids meet their English learning needs using AI / NLP behind screens. Unlike other video apps, OckyPocky gives feedback and allows kids to master the basics of early childhood vocabulary with voice, video, and the vernacular. OckyPocky works with a motto, “Skills That Matter”. With this as a philosophy, they help children develop creativity and logical reasoning in addition to English skills. Classes are taught by highly knowledgeable and industry-leading teachers from OckyPocky, who are trained in digital teaching methodology.

About the SucSEED Innovation Fund

SucSEED Innovation Fund is an AIF Cat-1 venture capital angel fund with a corpus of 100 crore and originated from SucSEED Angel Network (SAN) and IIITH Tech Ventures, an early stage tech startup initiative with the IIIT Hyd Foundation. The general partners and team members of Indovation Fund have over 100 years of cumulative experience in technology, fund management and the startup ecosystem and have already invested in over 45 companies. management, and fund and transaction management, have come together for the sole purpose of bringing technological innovation to the market with their commitment and growth mentorship.

Source link

Recommended Posts