Gurugram-based interactive english learning app for kids OckyPocky on Friday introduced it has raised a seed spherical led through Lead Angels Network. A person acquainted with the matter advised YourStory that the organization has raised a complete of $400,000 in the spherical.
According to declaration launched by the startup, OckyPocky will be using the budget to make bigger sales capabilities and construct in addition on the technology to fulfill demand.
WhizKidz group created OckyPocky, an octopus that assists kids in learning English using personalized AI/NLP behind the screens. Recently, Prime Minister Narendra Modi lauded the Channapatna toy enterprise even as giving push to toy production in India. Interestingly, OckyPocky, the octopus, is based on Channapatna toy theme.
The startup was based in 2015, through former YouTube India head and IIM Bangalore alumnus, Amit Agrawal.
Speaking of the development, Amit Agarwal, Founder, OckyPocky, said,
“With the lockdown, our servers crashed due to increased traffic and we had to downsize to increase the runway. With funding secured through Lead Angels, we went full speed on monetisation and are doubling the revenue every month. We are also increasing our team size and are looking out for a bigger office space.”
“The team comprises of content, technology, HR, and growth experts. We believe we have a duty to democratise high quality education access and promote skills that matter,” he added.
Commenting at the investment, Manish Johari, SVP Lead Angels, and Ambuj Jhunjhunwala added,
“We have seen increased adoption and crazy growth on the back of COVID-19 and lockdown effect. Lead Angels is delighted to partner with OckyPocky and assist in high growth trajectory while creating social impact across non English speaking homes.”
