SpeakWell

Mumbai, India Founded: 2006 • Age: 20 yrs
Spoken English coaching and career solutions are delivered through franchises.
Annual revenue $398,740 Latest available
Total funding $10.4M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About SpeakWell

SpeakWell is a company based in Mumbai (India) founded in 2006 by Mahesh Joshi. SpeakWell has raised $10.44 million across 3 funding rounds from investors including Mumbai Angels, Gray Matters Capital and Rajiv Indur Dadlani. SpeakWell offers products and services including Foundation Module, Fluency Module, and Mastery Module. SpeakWell operates in a competitive market with competitors including Bafel, German Language, British English Speaking, Smartways Training Center and Speakeng India, among others.

  • Headquarter Mumbai, India
  • Founders Mahesh Joshi
  • Stage Minicorn
  • Sectors
    Education
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Speakwell Skills Academy Private Limited
  • Date of Incorporation 06 Aug, 2014
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Education → Higher & Professional Education Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $398.74 K (USD)
    198.38
    as on Mar 31, 2023
  • Net Profit
    $45.57 K (USD)
    263.16
    as on Mar 31, 2023
  • EBITDA
    $64.38 K (USD)
    108.76
    as on Mar 31, 2023
  • Total Equity Funding
    $10.44 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Feb 25, 2015

  • Investors
  • Employee Count
    Not available
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Products & Services of SpeakWell

SpeakWell offers a comprehensive portfolio of products and services, including Foundation Module, Fluency Module, and Mastery Module.

Product name locked
Category locked
Primary

Introductory program for building English fluency and confidence through interactive training.

Product name locked
Category locked
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Advanced training to enhance English proficiency for professional and global opportunities.

Product name locked
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High-level program for personality development and corporate communication skills.

People of SpeakWell

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Soham Bhuta
CEO, Retail Ops
People
Aslam Moosa
Founder, Group CEO & MD

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Teams

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Funding Insights of SpeakWell

SpeakWell has successfully raised a total of $10.44M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in February 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in SpeakWell

SpeakWell has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Mumbai Angels, Gray Matters Capital and Rajiv Indur Dadlani.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Potato farming, grain marketing, and equipment services in Maine.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Rajiv Indur Dadlani

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Investor details for SpeakWell

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Investments & Acquisitions by SpeakWell

Investments
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Investment portfolio details for SpeakWell

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Financial Statements - SpeakWell

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Detailed financials for SpeakWell

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Speakwell Comparisons

SpeakWell Primary company
Description
Spoken English coaching and career solutions are delivered t...
Location
Mumbai, India
Founded Year
2006
Annual Revenue
$398.74 K (USD)
Net Profit
$45.57 K (USD)
EBITDA
$64.38 K (USD)
Employees
Not available
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Peer comparison for SpeakWell

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of SpeakWell

SpeakWell operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bafel, German Language, British English Speaking, Smartways Training Center and Speakeng India, among others.

Company Name Domain Founded year HQ Location Description
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A chain of centers providing spoken English coaching services.
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Offers professional German language education, training, and placement services in Jaipur.
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Manages a chain of centers offering spoken English coaching programs.
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Operates a chain of educational centers offering English language courses.
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Provides English, foreign language, IELTS, and corporate training courses in India.
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Detailed competitors of SpeakWell

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Latest news on Speakwell

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Complete news archive for SpeakWell

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Frequently Asked Questions about SpeakWell

SpeakWell was founded in 2006 and raised its 1st funding round 3 years after it was founded.

SpeakWell is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Soham Bhuta is the current CEO of SpeakWell.

SpeakWell is a funded company, having raised a total of $10.44M across 3 funding rounds to date.

Annual revenue of SpeakWell is $398.74K as on Mar 31, 2023.

SpeakWell was founded in 2006 in Mumbai, India, as a provider of spoken English training. Expansion has led to comprehensive career solutions, with over 100 centers operating across Maharashtra, Gujarat, Uttar Pradesh, Himachal Pradesh, and Kerala. A franchise model is utilized, encompassing master franchises, regular franchises, and virtual learning centers for nationwide reach in the education sector.

SpeakWell's top competitors include German Language, Speakeng India and Bafel.

SpeakWell offers Foundation Module, Fluency Module, and Mastery Module.

SpeakWell has 4 investors. Key investors include Mumbai Angels, Gray Matters Capital, Rajiv Indur Dadlani, and Praveen Chakravarthy.

The valuation of SpeakWell is $2.35M as of Feb 2015.

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