Gurugram based Edtech startup OckyPocky will be using the funding to grow its repository of content for a wider audience and polish its offering to increase its student base.
On Thursday, a Gurugram based Edtech startup OckyPocky which focuses on interactive learning gets an undisclosed investment from Udaan Co-founder and CEO Sujeet Kumar and Hyderabad-headquartered SucSEED Indovation Fund.
OckyPocky provides the learning of key languages through its App so that kids can learn and grasp the English language. They focus on AI-driven real time feedback to kids as they learn.
Speaking on the investment, Amit Agrawal, Founder and CEO, OckyPocky, said, “The vision to help kids master English language, OckyPocky has been on the mission to empower kids with high quality learning content since its inception, with the right learning tools that can unlock unlimited future possibilities for them. With this seed funding round led by Sujeet Sir and SIF, we will be able to expand and further develop our technology to deliver high quality personalised learning experience enabled by an interactive and innovative approach across India’s high-potential Tier-II, III, and IV cities.”
“The OckyPocky team is focused on solving one of the long-standing problems in the Indian education system, i.e., democratising English learning through tech. I was impressed by the product quality and team background, along with the personalised nature of the language learning programmes that it offers,” said Sujeet Kumar, Co-founder and CEO, Udaan.
“Their product is propelled by their huge IP and has been steadily growing since the pandemic. It is vernacular focused, and I could relate to my own humiliation stories from my childhood when discussing them. I will be spending some time every quarter to help them iron out their scaling plans, and am really excited to join hands and support them in their journey,” he added.
According to Vikrant Varshney, Co-founder and Managing Partner, SucSEED Indovation Fund, the Indian education system has gone through some landmark shifts, with the pandemic and increasing digitisation. As a result, the size of the market is poised to scale $3.2 billion by 2022 and $10.4 billion by 2025.
“OckyPocky makes learning fun and personalised. It facilitates brain development, skill development by taking advantage of a kid’s natural desire to learn and also curating creative courses for their learners. OckyPocky is an interactive app using AI technology to create a personalized experience,” he added.