About SpeakX
SpeakX is a company based in Gurugram (India) founded in 2020 by Anshul Gupta and Arpit Mittal. SpeakX has raised $46.8 million across 6 funding rounds from investors including WestBridge Capital, India Quotient and First Cheque. The company has 27 employees as of April 03, 2024. SpeakX operates in a competitive market with competitors including 51Talk, Open English, Busuu, Tandem and Voxy, among others.
- Headquarter Gurugram, India
- Employees 27 as on 03 Apr, 2024
- Founders Anshul Gupta, Arpit Mittal
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Sectors
EducationTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ivypods Technology Private Limited
- Date of Incorporation 07 Aug, 2019
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$190.85 K (USD)60.97as on Mar 31, 2023
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Net Profit
-$1.79 M (USD)36.74as on Mar 31, 2023
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EBITDA
-$1.91 M (USD)34.52as on Mar 31, 2023
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Total Equity Funding
$46.8 M (USD)
in 6 rounds
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Latest Funding Round
$16 M (USD), Series B
Oct 14, 2025
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Investors
WestBridge Capital
& 22 more
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Employee Count
27
as on Apr 03, 2024
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Funding Insights of SpeakX
SpeakX has successfully raised a total of $46.8M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in October 2025. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $16.0M
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First Round
First Round
(26 Nov 2020)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series B - SpeakX | Valuation | WestBridge Capital | |
| Oct, 2025 | Amount | Series B - SpeakX | Valuation | WestBridge Capital LLP | |
| Aug, 2021 | Amount | Series A - SpeakX | Valuation | Elevation Capital |
Investors in SpeakX
SpeakX has secured backing from 23 investors, including venture fund and angel investors. Prominent investors backing the company include WestBridge Capital, India Quotient and First Cheque.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location | |
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Early-stage investment and support services for startups in technology and e-commerce sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by SpeakX
Financial Statements - SpeakX
Speakx Comparisons
Competitors of SpeakX
SpeakX 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 51Talk, Open English, Busuu, Tandem and Voxy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
One-to-one online English tutoring is provided by 51Talk.
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| domain | founded_year | HQ Location |
Online platform providing live English classes
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| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
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| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
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| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
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Latest news on Speakx
Frequently Asked Questions about SpeakX
SpeakX was founded in 2020.
SpeakX is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Arpit Mittal is the current CEO of SpeakX. They have also founded this company.
SpeakX is a funded company, having raised a total of $46.8M across 6 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Nov 26, 2020.
As of Apr 03, 2024, the latest employee count at SpeakX is 27.
Annual revenue of SpeakX is $190.85K as on Mar 31, 2023.
SpeakX was founded in 2020 in Gurugram, India, within the edtech sector. An application powered by AI is offered to students for English language improvement. Personalized conversations are facilitated to build speaking skills, while activity-based modules are included for structured practice. Operations are centered on the domain speakx.ai, with leadership provided by co-founders Anshul Gupta and Arpit Mittal as CEO.
SpeakX has 23 investors. Key investors include WestBridge Capital, India Quotient, First Cheque, Elevation Capital, and Titan Capital.