# SpeakX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/speakx

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.speakx.ai
- Total disclosed funding: $5.1M
- Latest round: Series A (Sep 6, 2021)
- Investors on record: 4

## About

Founded in 2024 and based in Gurgaon, India, Ivypods Technology Pvt. Ltd., trading under the name SpeakX, is an AI-driven application designed to improve users' English-speaking skills through personalized learning experiences and interactive exercises. SpeakX operates as an innovative education technology company specializing in English language learning. The founders, Arpit Mittal and Shruti Sinha, have previously established other ventures. SpeakX has completed 4 funding deals and is headquartered in Gurgaon, India.SpeakX is an AI-powered English learning application designed to enhance users' speaking skills and boost their confidence in conversational English. The core offerings of SpeakX include interactive speaking exercises and personalized learning paths that utilize artificial intelligence to tailor the educational experience to the individual needs of each user. The app is particularly focused on addressing common challenges faced by English learners, such as pronunciation, fluency, and vocabulary acquisition. Since its launch, SpeakX has attracted a diverse client base, including students, professionals, and individuals seeking to improve their communication skills in various social and work environments. The application primarily serves users in regions such as India, Southeast Asia, and additional markets with a growing demand for English language proficiency.SpeakX’s revenue for the most recent year 2023 is reported at INR 49,814.6. The company operates a subscription-based model that provides users with access to various features depending on their chosen plan. This model promotes regular engagement with the learning material, contributing to user retention and satisfaction. Clients can subscribe either monthly or annually, with plans offering different access levels to resources, including AI-driven assessments and feedback. The flagship offering is a comprehensive speaking exercise program, designed to deliver measurable improvements in users' English-speaking capabilities.Looking ahead, SpeakX aims to enhance its product lineup with new features and capabilities tailored to user feedback and evolving market demands. Additionally, the company is targeting expansion into new markets, particularly within Southeast Asia, by the end of 2024. Recent funding will support these initiatives, including the introduction of its next-generation AI features planned for release in early 2025. In September 2025, SpeakX raised USD 16 million in pre-series B funding led by WestBridge Capital, with participation from Elevation Capital and Goodwater Capital. The company will use the September 2025 funding to support the further development of its AI technology and expand its team.

## Funding rounds

- Series A, Sep 6, 2021, $5.1M — India Quotient, Elevation Capital, Titan Capital, First Cheque

## Investors

- India Quotient (https://capitalatlas.ai/funds/india-quotient) — Series A
- Elevation Capital — Series A
- Titan Capital — Series A
- First Cheque (https://capitalatlas.ai/funds/first-cheque) — Series A