About Spext
Spext is a Media & Entertainment company based in San Francisco (United States) founded in 2017. It operates as an audio-to-text conversion platform. Its Indian entity Spext Labs India Private Limited reported revenue of ₹5.05 Cr. Its focus areas include Consumer, Music Tech, Music Artist IT and Audio Format Conversion. Its competitors include Digital Converters, MuConvert, TuneFab, MusicFab and SpotiKeep and 3 more.
Company details
Spext was founded in 2017 in San Francisco, United States, as an audio-to-text conversion platform in the software sector. Audio or video files are uploaded by users through a Dropbox integration or by providing links. The service processes these inputs into text transcripts. Operations are supported by a subscription-based pricing model, targeting users needing transcription tools.
- Headquarters San Francisco, United States
- SectorsMedia & Entertainment
- Website spext.co
- Social X
- Legal Name Spext Labs India Private Limited
- Date of Incorporation 26 Jun, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.05 Cr
FY 2025
- Net Profit₹65.6 Lakh
FY 2025 · 13% margin
- EBITDA₹67.5 Lakh
FY 2025 · 13% margin
- Investors
Associated legal entities of Spext
Spext operates through Spext Labs India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spext Labs India Private Limited CIN U62012KA2023FTC175241 | Active | 26 Jun 2023 | Bangalore, Karnataka | ₹5.0 Cr | – | 2 | View details |
Funding Insights of Spext
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Spext 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 |
|---|---|---|---|---|---|
| May 2020 | – | Seed | – | Alchemist Accelerator | – |
1 investors in total: 1 institutional.
Investors in Spext
Spext has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Alchemist Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Enterprise startups are accelerated via a 6-month program. | – | alchemistaccelerator.com | San Francisco, United States |
Investor details for Spext
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 Spext Labs India Private Limited (Spext)
Spext Labs India Private Limited is the primary company behind Spext. The board of Spext Labs India Private Limited currently have 2 directors; the longest-serving is Ashutosh Trivedi, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashutosh Trivedi DIN 10213694 | Director | 26 Jun 2023 | 3 yrs 3 mo | Spext Labs India Private Limited |
| Ashish Kishinchand Choithani DIN 11237776 | Director | 11 Aug 2025 | 1 yr 2 mo | Spext Labs India Private Limited |
People of Spext
2 people are tracked at Spext (2 in team).
| Name | Role | Group |
|---|---|---|
Shivani Desai | Design Specialist | Team |
Bhagwant Gunale | Lead Frontend Engineer | Team |
Complete people profiles for Spext
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Spext
Figures of Spext Labs India Private Limited, the primary company behind Spext, for FY 2025. Revenue was ₹5.05 Cr. Net profit was ₹65.6 Lakh (13% margin). EBITDA was ₹67.5 Lakh (13% margin).
- ₹5.05 CrRevenue · FY 2025
- ₹65.6 LakhNet profit · 13% margin
- ₹67.5 LakhEBITDA · 13% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Spext Labs India Private Limited are on its company page.
Detailed financial statements for Spext
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Spext
2 dated milestones of Spext across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Spext is founded.
- Funding First funding round.
Competitors of Spext
Spext has 8 listed competitors in our database. They include Digital Converters, MuConvert, TuneFab, MusicFab and SpotiKeep, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| digitalconverters.co.uk | 2015 | Harrogate, United Kingdom | – | 20 | Offers a platform for conversion of DVDs, media files, and photos | |
| muconvert.com | 2016 | Hong Kong, China | – | – | MuConvert is an online platform offering music conversion solutions for users. | |
| tunefab.com | 2016 | Hong Kong, China | – | – | Offers an online platform for efficient audio format conversion. | |
| musicfab.org | 2023 | United States | – | – | Delivers music converter solutions for offline streaming access. | |
| spotikeep.com | 2019 | United States | – | – | Offers tools to download and convert streaming music to MP3 formats offline. | |
| pazusoft.com | 2011 | – | – | – | An app-based platform for audio format conversion. | |
| deekeep.com | 2007 | United States | – | – | Software for downloading and converting Deezer music for offline use. | |
| nuo-stems.com | 2020 | Kyiv, Ukraine | – | – | Software converts audio files to STEMs using AI for DJ applications. |
Detailed competitors of Spext
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Web traffic of Spext
The website of Spext (spext.co) receives about 1.1K visits a month.
- Monthly visits1.1K
Top companies in Music Tech
10 companies that operate in the same segment as Spext (Music Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform for on-demand music and radio streaming | 2007 | Paris, Ile de France, France | USD 445.42 M | USD 627.4 M | 1,093 | |
Music streaming is offered on-demand to global users. | 2006 | Stockholm, Stockholm County, Sweden | USD 2.06 B | USD 19.4 B | 19,363 | |
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | – | – | |
Music streaming services are provided online for free. | 2007 | Berlin, Berlin, Germany | USD 437.81 M | – | – | |
A ticketing platform for live events is offered by DICE. | 2014 | London, England, United Kingdom | USD 238.27 M | – | – | |
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | – | 44 | |
Music creation and collaboration are enabled through an online platform. | 2013 | New York, New York, United States | USD 164.5 M | – | – | |
Music streaming solutions for businesses are provided. | 2014 | Stockholm, Sweden | USD 54.62 M | – | – | |
Mobile jukebox app is used for venue customer engagement. | 2010 | Oakland, California, United States | USD 6.82 M | – | 80 | |
Music is licensed via a cloud-based platform for professional use. | 2009 | Stockholm, Stockholm County, Sweden | USD 476 M | – | 633 |
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Related news about Spext
Complete news archive for Spext
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Frequently Asked Questions about Spext
Spext was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Spext is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
The primary company behind Spext, Spext Labs India Private Limited, reported revenue of ₹5.05 Cr for FY 2025.
Spext was founded in 2017 in San Francisco, United States, as an audio-to-text conversion platform in the software sector. Audio or video files are uploaded by users through a Dropbox integration or by providing links. The service processes these inputs into text transcripts. Operations are supported by a subscription-based pricing model, targeting users needing transcription tools.
Spext's top competitors include Digital Converters, MuConvert and TuneFab.
Spext has 1 investor. Key investors include Alchemist Accelerator.
Spext operates through Spext Labs India Private Limited.
The legal entities of Spext currently have 2 directors, including Ashutosh Trivedi, Ashish Kishinchand Choithani.