SpeakX

Gurugram, India Founded: 2020 • Age: 6 yrs
AI-powered English learning app for students is provided.
Annual revenue $190,850 Latest available
Total funding $46.8M 7 rounds
Employees 27 Tracked headcount
Investors 23 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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 7 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
  • Sectors
    Education
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ivypods Technology Private Limited
  • Date of Incorporation 07 Aug, 2019
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Education → Higher & Professional Education Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $190.85 K (USD)
    60.97
    as on Mar 31, 2023
  • Net Profit
    -$1.79 M (USD)
    36.74
    as on Mar 31, 2023
  • EBITDA
    -$1.91 M (USD)
    34.52
    as on Mar 31, 2023
  • Total Equity Funding
    $46.8 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    27

    as on Apr 03, 2024

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People of SpeakX

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Abhinav Lakra
Creative Director
People
Shagun Khanna Khurana
Calligrapher And Doodling Mentor
People
Naman Soni
Engineering Manager
People
Deepanshi Prabhakar
Director - Human Resource

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Funding Insights of SpeakX

SpeakX has successfully raised a total of $46.8M across 7 strategic funding rounds. 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 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Elevation Capital is focused on early-stage tech investments in India.
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Investments are made in early-stage companies by Titan Capital.
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Early-stage investment and support services for startups in technology and e-commerce sectors.
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Investor details for SpeakX

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by SpeakX

Investments
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Investment portfolio details for SpeakX

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Financial Statements - SpeakX

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Detailed financials for SpeakX

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Speakx Comparisons

SpeakX Primary company
Description
AI-powered English learning app for students is provided.
Location
Gurugram, India
Founded Year
2020
Annual Revenue
$190.85 K (USD)
Net Profit
-$1.79 M (USD)
EBITDA
-$1.91 M (USD)
Employees
27
As of 2024
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Peer comparison for SpeakX

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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
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One-to-one online English tutoring is provided by 51Talk.
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Online platform providing live English classes
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Social networking for language learning is enabled via mobile platform.
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A language learning app facilitating user-driven conversation exchanges.
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English language learning through online courses and tutoring
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Speak is recognized as an AI-driven language learning application.
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Detailed competitors of SpeakX

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Latest news on Speakx

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Complete news archive for SpeakX

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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 7 funding rounds to date.

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's top competitors include 51Talk, Speak and Tandem.

SpeakX has 23 investors. Key investors include WestBridge Capital, India Quotient, First Cheque, Elevation Capital, and Titan Capital.

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