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SpeakX.ai Raises $16 Mn in Pre-Series B Round Led by WestBridge Capital to Enhance AI Technology and Expand Team.
Ronnie ScrewvalaShyamal AnadkatGoodwater CapitalElevation CapitalWest Bridge Capital
Description
Generative AI-powered English learning platform SpeakX.ai has raised USD 16 million in a Pre-Series B round led by WestBridge Capital, along with investors like Elevation Capital and Goodwater Capital. The fresh capital will enhance AI technology, expand the team, and introduce regional language support. SpeakX.ai aims to address India's English fluency gap with its AI-driven conversational tutor. The platform currently has over 1 million monthly learners and 200,000 paying subscribers.
Company Information
Company
SpeakX.ai
Location
Gurgaon, Haryana, India
About
SpeakX is a pioneering Edtech startup based in India, dedicated to revolutionizing English Speaking for India through advanced genAI technology. Our innovative app provides personalized learning experiences, fostering AI-driven conversations that allow users to practice and refine their English skills in real-time. Each learner benefits from a dedicated AI teacher, making English education interactive, enjoyable, and profoundly impactful.
In the realm of English proficiency, SpeakX has left an indelible mark with over 10 million downloads and having served millions of learners in just four years. With robust financial support, including a $10 million investment from Elevation, IQ, and Good Waters, we stand at the forefront of the Edtech revolution, committed to reshaping the future of English education for everyone.
Fundz sees it the moment SpeakX.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.