SpeakX seeks $15 million for AI-Driven English learning
SpeakX, an AI-driven English learning app, is set to raise $15 million, with Elevation Capital participating in the round and Goodwater and WestBridge also joining in.
The fresh funds will help them grow their engineering team and build smarter, more personalized AI tutors.
SpeakX charges ₹300 a month, and most users come from smaller Indian cities where English skills are in high demand.
SpeakX's profitability and revenue
After rebranding from YellowClass last year, SpeakX has become profitable with $7 million in yearly revenue.
Their success shows just how much learners outside big metros want better English skills—especially as more companies move into these areas.
Even with the edtech sector slowing down overall, investors are putting money into personalized AI learning tools like SpeakX, Stimuler, and SigIQ.ai as this trend keeps gaining momentum.