Utter

Pune, India Founded: 2015 • Age: 11 yrs
AI-powered chatbots for vernacular English learning applications are provided.
Annual revenue $2.4M Latest available
Total funding $2.3M 5 rounds
Employees - Tracked headcount
Investors 34 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Utter

Utter is a company based in Pune (India) founded in 2015 by Ninad Vengurlekar, Amit Arwind Bhadbhade, and Ninad Jayawant Vengurlekar. Utter has raised $2.25 million across 5 funding rounds from investors including CLSA Capital Partners, QPM and Stratfinity Ventures. Utter operates in a competitive market with competitors including Lingokids, Gymglish, OckyPocky, Lingopanda and Loora, among others.

  • Headquarter Pune, India
  • Founders Ninad Vengurlekar, Amit Arwind Bhadbhade, Ninad Jayawant Vengurlekar
  • Stage Minicorn
  • Sectors
    Technology
    Media & Entertainment Education
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Education → Higher & Professional Education Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.41 M (USD)
    13
    as on Mar 31, 2022
  • Net Profit
    -$76.89 K (USD)
    -277
    as on Mar 31, 2022
  • EBITDA
    $140.34 K (USD)
    -35
    as on Mar 31, 2022
  • Total Equity Funding
    $2.25 M (USD)

    in 5 rounds

  • Latest Funding Round
    $607.85 K (USD), Seed

    Jun 18, 2019

  • Investors
  • Employee Count
    Not available
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Funding Insights of Utter

Utter has successfully raised a total of $2.25M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $607.85 thousand completed in June 2019. 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 Utter

Utter has secured backing from 34 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include CLSA Capital Partners, QPM and Stratfinity Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in applied generative AI
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Supporting startups with India scale and global potential through venture advisory and partnerships.
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Investment consulting firm
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Investor details for Utter

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  • Investor domains
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Investments & Acquisitions by Utter

Investments
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Investment portfolio details for Utter

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Utter

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Detailed financials for Utter

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  • Profit trends
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Utter Comparisons

Utter Primary company
Description
AI-powered chatbots for vernacular English learning applicat...
Location
Pune, India
Founded Year
2015
Annual Revenue
$2.41 M (USD)
Net Profit
-$76.89 K (USD)
EBITDA
$140.34 K (USD)
Employees
Not available
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Peer comparison for Utter

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

  • Named peers
  • Headcount comparison
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Competitors of Utter

Utter 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 Lingokids, Gymglish, OckyPocky, Lingopanda and Loora, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Activity-driven English learning for kids is provided via mobile app.
Locked Locked Locked
Adaptive English lessons are delivered via daily emails.
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Vernacular-based English learning app for preschool kids is provided.
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English learning is enabled by AI videos and speech assessment.
Locked Locked Locked
Loora is developed as an AI English speaking tutor.
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Detailed competitors of Utter

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Latest news on Utter

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Complete news archive for Utter

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Frequently Asked Questions about Utter

Utter was founded in 2015.

Utter is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Ninad Vengurlekar is the current CEO of Utter. They have also founded this company.

Utter is a funded company, having raised a total of $2.25M across 5 funding rounds to date.

Annual revenue of Utter is $2.41M as on Mar 31, 2022.

Utter was founded in 2015 in Pune, India, focusing on the edtech sector. AI-driven chatbots are offered for vernacular-based English language learning through a mobile application available on Android devices. Multilingual chatbots are also provided for employee training in sectors including hospitality, retail, and facility management. Key features encompass audio and video content, real-time engagement, certification processes, and feedback mechanisms. Operations emphasize practical language skills development for diverse workforces.

Utter's top competitors include Lingokids, Lingopanda and OckyPocky.

Utter has 34 investors. Key investors include CLSA Capital Partners, QPM, Stratfinity Ventures, Uday Purandare, and Ameya Dahibavkar.

The valuation of Utter is $5.51M as of Jun 2019.

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