Kafka Academy, an online performing arts academy in Bengaluru, has raised $ 1.3 million in rounds of pre-launch funding from leading institutional investors and technology entrepreneurs.
The round was led by Global Founders Capital (GFC) and featured institutional investors such as Enzia Ventures and Better Capital. Kunal Shah (Founder and CEO of CRED), Ashish Hemrajani and Parikshit Dar (Founder of BookMyShow), Umang and Virendra Gupta (Founder of Josh and Daily Hunt), Vikram Chopra (Founder and CEO of Cars24), Kumar Akash ( SVP at Hotstar), and Alex Beggelman (SVP at Bookus) also took part in the round.
Launched in April 2021 by Sharik Plasticwala, former director of Amazon India, Kafka Academy aims to take artists from the very first stage of their performing arts to their greatest success in the world.
Kafka Academy offers a high quality learning experience that is easy and convenient. The goal is to build a community of 50M active learners. For artists, the emphasis is on increasing their earnings and experience. Market opportunities are significant पर Performing arts education in India, including dance, music, speech and drama, fine arts and cooking, is worth 3 3 billion and growing rapidly to reach -10 8-10 billion in 7 years. Moreover, the academy is also looking to cater to the growing demand for Indian art forms from outside India, which in recent decades has matched India’s rise to global heights, with cultural assets such as art, heritage and more becoming the subject. Aspiration and appreciation from the global community.
Speaking on the announcement, Sharik Plasticwala, founder of Kafka Academy, said,
“Presenting art has been my passion for the last several years. We started Kafka Academy with the mission of enhancing the teaching of the performing arts and empowering artists. We consider ourselves an intersection of the world of art and technology. We have started our online classes with dance, music and speech and drama. We are exploring every part of the learning experience and are innovative in using technology to make it better for our students. We are excited about our initial student feedback and look forward to serving millions of students through our fast-scaling platform.
We thank our investors who gave us votes of confidence before the launch. This investment has allowed us to invest in technology and content development, which accelerates experience and growth. ”
The Kovid-19 epidemic has had a devastating effect on artists around the world as they rely on human interaction for their income द्वारे through exhibitions, classes or art exhibitions गोष्टी and with improved employment opportunities for artists and creative workers. Kafka Academy aims to help these artists improve their earnings and experience by providing them with infrastructure, technology and training to recover from the effects of the epidemic.
Kafka Academy focuses on results-based learning with performance and certification at the end of each course. Instructors at Kafka Academy are selected with a selection rate of <2% of all applications received. In addition, the academy trains trainers to take online classes and invests in building their capacity. The academy caters to the growing demand for performing arts by offering online classes with the help of structured courses to create simple testing, payment and credit experiences, repetition and practice tools, and digital performances. Direct support is provided and a dedicated coaching success team focuses on identifying opportunities that make coaches successful.
Owned back-end infrastructure and database, certified curriculum, with performance opportunities for its learners, Kafka Academy is ready to serve students and artists, envisioning the performing arts sector in India worth about $ 3 billion (expected to grow to -10 8-10 billion) by 2027) And $ 20 billion + globally (expected to grow to $ 40 billion by 2027).
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