OckyPocky Kid-tech Startup Raises Angel Funding from ah! Ventures
Tuesday, 07 August 2018, 21:31 IST
OckyPocky, India’s first personalized language learning app for pre-school kids successfully raised an undisclosed round of angel funding with the support of start-up focused growth catalyst ah! Ventures. The funding will be used in expanding app’s user base to the pre-school market in Tier 2 and Tier 3 centres and also tapping the kids in NRI market with cultural connect to India via Hindi learning curriculum.
Speaking on his company’s role in education space, Amit Agrawal, Founder & CEO, OckyPocky says, “Preschool kids in the age of 2 to 6 constitute the 3rd largest gadget user demographic. Their minds are very fertile and we should leverage technology to facilitate the exponent growth during these critical foundation years. We aim to change this with OckyPocky and help India build a better foundation for its future generation at a stage where it really matters. We are overwhelmed and grateful for the support we have had from our angels & mentors."
OckyPocky uses tech-for-good and offers English language learning, powered by speech recognition technology. It aims to monetize with a freemium model for B2C and is going to target majority users coming on the mobile web who do not speak English at home but want their kids to learn English from day one.
Harshad Lahoti, Founder & CEO, ah! Ventures, says, “OckyPocky is tapping into the ever-growing need for educating pre-school kids in English. It has wide applications in other sectors such as preschools, NGOs as well. Chinese startups in the space have already achieved unicorn status and OckyPocky aims to follow this growth trajectory by disrupting traditional kid-tech with an interactive, personalized and instant-learning curriculum. Amit is an industry veteran having built several multimillion dollar success stories for YouTube and India Goes Global. Ah! Venture is excited to be a part of OckyPocky's quest to become the no.1 destination for preschool kids".
Founded in 2015, OckyPocky is one of the top apps for kids with 180000+ on the Google Play Store and 6000+ downloads on Apple App Store. It has gained around 2.3 million video views within months of its launch and with pre-school kids attempting 500k+ interactive questions on the platform. It is powered by speech recognition technology, AI, NLP, disrupting traditional education pedagogies.
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