About SpeakWell
SpeakWell is an Education company based in Mumbai (India) founded in 2006 by Mahesh Joshi. Spoken English coaching and career solutions are delivered through franchises. SpeakWell has raised $10.55 million across 4 funding rounds from investors including Mumbai Angels, Gray Matters Capital and Rajiv Indur Dadlani. SpeakWell was last valued at $2.35 million in February 2015. Its chief executive, as recorded, is Soham Bhuta. Its Indian entity Speakwell Skills Academy Private Limited reported revenue of ₹8.74 Cr. SpeakWell offers products and services including Foundation Module, Fluency Module, and Mastery Module. Its focus areas include Continuing Education Chains, Individuals and Language. Its competitors include Bafel, German Language and British English Speaking.
Company details
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.
- Headquarters Mumbai, India
- Founders Mahesh Joshi
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website speakwell.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Speakwell Skills Academy Private Limited
- Date of Incorporation 06 Aug, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹8.74 Cr
FY 2024 · +164% YoY
- Net Profit₹83.2 Lakh
FY 2024 · 10% margin
- EBITDA₹1.20 Cr
FY 2024 · 14% margin
- Total Equity Funding$10.55M (USD)
in 4 rounds
- Latest Funding Round$10M (USD), Series A
Feb 2015
- InvestorsMumbai Angels
& 3 more
Associated legal entities of SpeakWell
SpeakWell operates through Speakwell Skills Academy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Speakwell Skills Academy Private Limited CIN U74900MH2014PTC256949 | Active | 06 Aug 2014 | Mumbai, Maharashtra | ₹8.7 Cr | 2 | View details |
Products & Services of SpeakWell
SpeakWell offers a comprehensive portfolio of products and services, including Foundation Module, Fluency Module, and Mastery Module.
Introductory program for building English fluency and confidence through interactive training.
Advanced training to enhance English proficiency for professional and global opportunities.
High-level program for personality development and corporate communication skills.
Apps and channels of SpeakWell
SpeakWell publishes 1 mobile app with over 100K+ downloads; its YouTube channel Speakwell English Academy has 21.4K subscribers and 30 videos.
Videos from SpeakWell
The most watched videos on SpeakWell's YouTube channel, Speakwell English Academy (21.4K subscribers). Click a video to play it here.
More on Speakwell English Academy.
Funding Insights of SpeakWell
SpeakWell has successfully raised a total of $10.55M across 4 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.
- Total Funding $10.55M
- Total Rounds 4
- Last Round Series A — $10M
- Investors Count 4
All 4 funding rounds of SpeakWell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2015 | $10M | Series A | – | Gray Matters Capital | |
| Mar 2010 | $444,148 | Seed | – | Mumbai Angels | – |
| Nov 2009 | $108,140 | Angel Round | – | – | – |
| Feb 2009 | Seed | – | Mumbai Angels | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2015 | $2.35M | •••••••• |
Last known valuation $2.35M (Feb 2015). 4 investors in total: 2 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Potato farming, grain marketing, and equipment services in Maine. | 2006 | graymatterscap.com | Atlanta, United States | |
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
RI Rajiv Indur Dadlani | unknown_7f98729a45a3434aa | |||
PC Praveen Chakravarthy | Angel investor, data scientist, and political strategist based in India. | unknown_e604d47e8aff4ee48 |
Investor details for SpeakWell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Speakwell Skills Academy Private Limited (SpeakWell)
Speakwell Skills Academy Private Limited is the primary company behind SpeakWell. The board of Speakwell Skills Academy Private Limited currently have 2 directors; the longest-serving is Moosa Aslam, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Moosa Aslam DIN 02183483 | Director | 06 Aug 2014 | 12 yrs 2 mo | Speakwell Skills Academy Private Limited |
| Mahesh Anant Joshi DIN 02208492 | Director | 31 Mar 2025 | 1 yr 6 mo | Speakwell Skills Academy Private Limited |
People of SpeakWell
3 people are tracked at SpeakWell (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & Director | Leadership | |
Soham Bhuta | CEO | Leadership |
| Founder, Group CEO & MD | Leadership |
Complete people profiles for SpeakWell
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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- Professional contacts
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Financials of SpeakWell
Figures of Speakwell Skills Academy Private Limited, the primary company behind SpeakWell, for FY 2024. Revenue was ₹8.74 Cr (+164% year on year). Net profit was ₹83.2 Lakh (10% margin). EBITDA was ₹1.20 Cr (14% margin). Revenue has grown at a compounded annual rate of +158% over three years and +44% over five years.
- ₹8.74 CrRevenue · FY 2024 · +164% YoY
- ₹83.2 LakhNet profit · 10% margin
- ₹1.20 CrEBITDA · 14% margin
- ₹1.01 CrPaid-up capital
- +158%Revenue CAGR, 3 years
- +44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Speakwell Skills Academy Private Limited are on its company page.
Detailed financial statements for SpeakWell
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of SpeakWell
4 dated milestones of SpeakWell across 9 years, from founding to its latest funding, stage changes and deals.
- Founded SpeakWell is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.0M.
- Milestone Reaches Minicorn status.
Competitors of SpeakWell
SpeakWell has 3 listed competitors in our database. They include Bafel, German Language and British English Speaking.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bafel.co.in | 2001 | Delhi, India | A chain of centers providing spoken English coaching services. | |||
| gnsgroup.in | 2009 | Jaipur, India | Offers professional German language education, training, and placement services in Jaipur. | |||
| britishenglishspeaking.com | 2019 | Delhi, India | Manages a chain of centers offering spoken English coaching programs. |
Detailed competitors of SpeakWell
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of SpeakWell
The website of SpeakWell (speakwell.co.in) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 67.7% vs previous month
Websites whose visitors overlap most with SpeakWell. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
elixir.org.in | elixir.org.in | 100% | – | ||
mpta.in | mpta.in | 91% | – | ||
superprof.co.in | superprof.co.in | 88% | #59,438 | – | |
vwin.in | vwin.in | 31% | – | ||
ipromise.co.in | ipromise.co.in | 30% | #14,120,910 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for SpeakWell
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Continuing Education Institutes
2 companies that operate in the same segment as SpeakWell (Continuing Education Institutes) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers training and development solutions to individuals, enterprises, and institutions | 1981 | Gurugram, Haryana, India | USD 41.57 M | |||
Center of education providing skill development programs | 2009 | Bengaluru, Karnataka, India | USD 990.88 K | 68 |
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Related news about Speakwell
Complete news archive for SpeakWell
Full article history, source details, and older brand coverage require an active premium plan.
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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 CEO of SpeakWell, as recorded in our data.
SpeakWell is a funded company, having raised a total of $10.55M across 4 funding rounds to date.
The primary company behind SpeakWell, Speakwell Skills Academy Private Limited, reported revenue of ₹8.74 Cr for FY 2024, up 164% year on year.
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, Bafel and British English Speaking.
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.
SpeakWell operates through Speakwell Skills Academy Private Limited.
The legal entities of SpeakWell currently have 2 directors, including Moosa Aslam, Mahesh Anant Joshi.