English Learning Startup OckyPocky Raises Funds From Goodwater Capital & Quant Fund
Amit Agrawal, the former head of YouTube India, founded the interactive English learning app OckyPocky, and said on August 1 that it had received an undisclosed amount in seed funding from Silicon Valley venture capital firms Good Water Capital and AngelList Quant Fund.
The business intends to use the funds collected to expand its content library for a larger vernacular audience and enhance its services. Sujeet Kumar, a co-founder of Udaan, and the SucSEED Innovation Fund, with its headquarters in Hyderabad, are also investors in the company.
OckyPocky, a company founded in 2017, intends to help preschoolers in learning English through various interactive solutions, such as games and subjects. It is aimed at parents of rural children who have trouble speaking English. Kids between the ages of 4 and 12 can also take live classes through it. The Gurugram-based business claims it employs artificial intelligence and natural language processing to provide youngsters immediate feedback, resulting in better learning outcomes.
"The main obstacle to jobs and admissions for middle-class Indians is in English. Since its start, OckyPocky has been on a mission to provide kids with the learning resources that would enable them to master English and open up a world of opportunities for them in the future. We were happy that our objective had received widespread support when prominent figures from Silicon Valley decided to accompany us on our journey "said Agarwal.
Senior researcher Abraham Othman from AngelList Early-Stage Quant Fund remarked, "We are ecstatic to be OckyPocky investors. Our research reveals that their crucial goal is luring one of the Indian companies most talented technical teams."