Saturday, 15 July 2023, Bengaluru, India
In order to teach English to children between the ages of 4 and 12 in 11 different main native languages, OckyPocky leverages AI/NLP technology. As part of its Pre-Series A round, SucSEEDInnovation Fund and other investors have provided funding. A variety of languages, including English, Hindi, Marathi, Punjabi, Gujarati, Bengali, Tamil, Telugu, Malayalam, Rajasthani, and Bhojpuri, are taught to children using the OckyPocky solution.
OckyPocky’s mission is to assist India in laying a stronger foundation for its future generation at a critical juncture by removing language hurdles to children’s future achievement and self-confidence. With such immense hard work and success, OckyPocky is sure to achieve everything that it has been working for since day one. Now, with SucSEED’s funding assistance, OckyPocky is well-equipped to do the rightful.
The Gurugram-based business claims it employs artificial intelligence and natural language processing to provide youngsters with immediate feedback, resulting in improved learning results. OckyPocky is another example of an organization that uses AI to its benefit, showing exactly that AI’s use is not limited to only technology and more sectors can be benefitted from AI.
In contrast to other online English learning tools, OckyPocky enables students to study on a user-friendly, entertaining platform that provides immediate feedback on students’ English reading and speaking abilities. The software disrupts conventional educational pedagogies with the use of voice recognition technologies, AI, and NLP. The whole scenario provides for fun and interactive learning and makes learning more easy and memorable. It is very opposite to what we have seen in traditional learning, where students don’t have to privilege to access the contents in different languages, and also students didn’t have the freedom to learn on their own time.
Since its start, OckyPocky has created incredible vocabulary games using its unique technology and taught more than 900 million words to Indian children. For more than six months, it has been the top trending app in its category on Google Play.
“English is the new era’s caste system, and it keeps the kids out of good schools/ colleges /jobs/ good social circles. When several Silicon Valley big names decided to back us up, and SucSEED decided to reinvest, we felt that funding winter is not for performing startups,” said Amit Agarwal, the founder and CEO of the educational startup OckyPocky.
OckyPocky couldn’t have reached such heights if not for SucSEED’s help in its journey. SucSEED Innovation Fund’s Co-founder and managing director, Vikrant Varshney expressed what makes OckyPocky unique and different than the rest. Vikrant was quoted speaking about OckyPocky, “OckyPocky offers a voice-enabled, video-supported and vernacular friendly English app powered using AI.”
Vikrant also made a gracious statement regarding OckyPocky’s market value. Laying out some facts and figures, Vikrant mentions, “EdTech Market size was valued at USD 23,669.18 Million in 2022 and is projected to reach USD 83,500.42 Million by 2030.” Vikrant also mentions that the market size will increase by a CAGR rate of 17.45% from 2023 to 2030.
SucSEED’s first round of funding really proved to be a turning point for OckyPocky. They impressed the investors with the first round of funding. OckyPocky made such impressions that it was listed under the top ten list of ed-tech startup firms. Later on, Vikrant also adds that the organization is proud of what OckyPocky has achieved in the given time and impressed by the growth they have shown.
Source- Tech Story
