AI-driven English Learning Startup SpeakX.ai Raises $16 Million Amid Edtech Slowdown

SpeakX.ai raised $16 million led by WestBridge Capital, with Goodwater Capital and Elevation Capital participating. Its AI-driven spoken English learning offers personalized conversation simulations. Founder Anshul Mittal pivoted from YellowClass to SpeakX.ai in 2023, focusing on AI and a leaner team, achieving profitability with ₹5 crore monthly revenue and 2 lakh+ subscribers. The shift to Google Gemini API improved performance. Upcoming regional language support aims for mass adoption.