SpeakX raises $16 million from WestBridge, others, pivots to an English-learning app

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English learning platform SpeakX has raised $16 million in a funding round led by WestBridge Capital, founder and CEO Arpit Mittal told ET. The round also saw participation from Elevation Capital and Goodwater Capital, along with angels Ronnie Screwvala of Upgrad and Shyamal Anadkat of OpenAI.

SpeakX was earlier known as Yellow Class — backed by the likes of Elevation Capital and India Quotient — and the startup focussed on children’s extra-curricular activities. However, a post-Covid slump forced the Gurugram-based company to pivot last January…



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SpeakX raises $16 million from WestBridge, others, pivots to an English-learning app



English learning platform SpeakX has raised $16 million in a funding round led by WestBridge Capital, founder and CEO Arpit Mittal told ET. The round also saw participation from Elevation Capital and Goodwater Capital, along with angels Ronnie Screwvala of Upgrad and Shyamal Anadkat of OpenAI.

SpeakX was earlier known as Yellow Class — backed by the likes of Elevation Capital and India Quotient — and the startup focussed on children’s extra-curricular activities. However, a post-Covid slump forced the Gurugram-based company to pivot last January…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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