Praktika Presented an AI-Based English Learning Platform
Praktika, an artificial intelligence-based English learning platform that plans to introduce innovative methods in the language learning process, was presented to investors and viewers.
"Praktika is a mobile application for iOS and Android, through which you can practice English at an affordable price with the help of smart AI avatars. Through our application, users can break the language barrier, get perfect knowledge and create career opportunities.
Although we are an early-stage startup, we are now starting to generate revenue and test b2c opportunities, we are already negotiating with English schools, universities, and learning and development departments in Enterprise companies", - says the company's co-founder, Adam Turaev.
The company presented itself at 500 Georgia Demo Day. 500 Global is a venture capital firm investing in early-stage technology startups. Since its inception, 500 Global has invested in more than 2,600 companies - of which 45 are valued at more than $1 billion and more than 130 are valued at more than $10 billion. 500 Global works closely. 500 Global is implemented in the Caucasus under the name of 500Georgia, in cooperation with the Bank of Georgia and the Georgian Technology and Innovation Agency (GITA). Among the goals of 500Georgia is the strengthening of Georgia's startup ecosystem, development of investment potential, and scaling of startup companies in the global market.