SpeakX

The World's First
AI-Powered
Language Confidence Engine

Unlocking English fluency for 300 million Indians — not through lessons, but through the confidence to speak.

Series B
Confidential
SPEAKX
Today's Session
Sia
Sia
Your AI Companion

Tell me about your day at the office, Riya! Did you present to the team? 😊

Yes I did! I was nervous but... I think it went well actually!

That's amazing! Tell me what happened when the investor asked the first question...

🎤
59%
M0 Renewal
13x
Revenue Growth

300 million Indians.
$5.9 billion market.
Zero products that work.

They don't need grammar lessons. They need the confidence to speak — and we built the engine that unlocks it.

13x
Revenue Growth
₹37L → ₹4.7 Cr/mo
59%
M0 Engagement Rate
was 25% twelve months ago
90.6%
CM1 Margin
Revenue minus direct costs

Indians dream of better jobs,
global connections, respect.
English is the bridge — but no product has unlocked it.

They don't lack knowledge. They lack the confidence to speak. And every product in the market is solving the wrong problem.

300M+
Indians aspire to speak English
Better careers, respect, global access
90%+
Quit every app within 30 days
Because apps teach content, not confidence
#1
"I understand but can't speak"
The confidence gap, not the knowledge gap

Why nothing works today

GAMIFICATION-FIRST APPS

Optimize for streaks and DAU, not learning outcomes. Users feel busy but can't hold a conversation.

🎤
PRONUNCIATION-ONLY AI

One dimension of a multidimensional problem. Speaking ≠ confidence. Accent training doesn't prepare you for a job interview.

👤
HUMAN TUTOR MODELS

₹200-500/session doesn't scale. Quality varies by tutor. Session 100 isn't smarter than session 1.

Yet the opportunity is massive

Global Language Learning Market
$0B
Global Online Language Learning
26% online penetration
$0B
Online English Language Learning
67% — English dominates
$0B
TAM · AI-Powered Spoken English (Digital)
40% spoken / conversational
$0B
SAM · India Online Spoken English
India market (2025)
$0B

We cracked it.
Here's 12 months of proof.

Every metric moved through systematic experimentation — not luck. And every metric maps directly to a user who stayed longer, engaged deeper, and renewed.

2.6x
Time Spent per User
36 → 94 min/month
2x
High-Engagement Users
4+ day active trial users: <10% → 20%
128K
Repeat Buyers
Users who renewed at least once
16.9%
DAU/MAU Ratio
High for consumer subscription

The unlock: More engagement = more renewal (direct causality)

Users who engage more during their trial period renew at dramatically higher rates:

4+ day active users grew from <10% (pre-Jun'25) → 20% (Jan'26). 7-day active: <2% → 5%. Both directly proportional to M0 renewal growth.

The trajectory that matters: Every key metric, improving every month

Jan'25 → Jan'26. Not a spike — a systematic, compounding climb.

0% 15% 30% 45% 60% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'26 '25 21% 58% 25% 59% 36 min 94 min
D1 RETENTION
Users returning on Day 1 after first session
21% → 58%
3x improvement in 12 months
WHY IT MATTERS

Higher D1 means the first session hooked them. This is the leading indicator for long-term retention.

Revenue trajectory: We chose depth over growth

Revenue held steady at ~₹5 Cr/mo for 6 months while we rebuilt the retention engine. M0 doubled. D1 tripled.

PHASE 1: GROWTH
₹37L → ₹5.3 Cr/mo
Oct'24 – Jul'25
PHASE 2: DEPTH
~₹5 Cr/mo steady
Aug'25 – Jan'26
PHASE 3: SCALE
Retention cracked
Now →

The next phase scales acquisition behind the engine that now works.

We don't teach English.
We unlock confidence.
That's why the numbers work.

After studying thousands of users across India, we identified the real barrier — and designed the only system that addresses it.

THE BARRIER

Shame Spiral

Users know English grammar. But the moment they need to speak, shame takes over. Every mistake confirms their worst fear: "I'm not good enough."

THE COMPETITION

Dopamine Competition

English learning competes with Instagram, YouTube, and WhatsApp for the same 30 minutes. Content must be emotionally engaging, not just educationally correct.

THE LOCK

Identity Freeze

Users see "English speakers" as a different kind of person. Until English feels like part of their identity — not a skill they're acquiring — they won't stick.

THE UNLOCK

Our Approach

AI companions in story worlds where mistakes are safe, practice feels like play, and confidence builds through emotional experience — not grammar drills.

AI Companion (Sia)
AI Characters
Real-World Practice

Traditional Approach

  • Generic content for everyone
  • Gamification that creates streaks, not learning
  • Pronunciation drills without context
  • Corrections that amplify shame
  • No cultural calibration

SpeakX Approach

  • 240 persona combinations, deeply personalized
  • Story-driven worlds that compete with entertainment
  • AI-augmented research into real user psychology
  • Mistakes are safe — no correction, natural scaffolding
  • Built for India's linguistic and cultural complexity

240 persona combinations.
2,000+ data points each.
Here's what that means for one user.

Every user gets a deeply personalized experience. Here's what it looks like in practice.

Riya avatar

Riya

Composite archetype from
1,000+ user data points

Profile

25, Indore. BBA graduate. Works at her father's garment business. Dreams of an MBA abroad but freezes in English conversations.

Aspiration

Wants to confidently handle international business calls and prepare for IELTS — without anyone knowing she's "practicing English."

Her Story World

Placed in a startup storyline — AI characters include her mentor (supportive), a skeptical investor (challenging), and a co-founder (peer).

Her Result

Persona-matched users like Riya renew at 2x the rate of generic users. Engagement time is 40% higher.

12
Deep Archetypes
× 20 sub-variants each = 240 combinations
2,000+
Data Points per Persona
Aspirations, patterns, cultural context
2x
Renewal Rate
Persona-matched vs. generic users

That emotional recognition — the moment a user thinks "this was made for someone like me" — is why persona-matched users renew at 2x the rate of generic users.

We didn't just build AI into the product.
We built a system where the product and the organization share the same brain.

Three layers. One intelligence. Every user interaction makes the product smarter. Every internal decision makes the next user's experience better. The loop never stops.

L1
Product Intelligence
What Users Experience
Persona Mapping Storyline Architecture AI Companions Quest Flow Notification Engine Churn Predictor Auto-Personalization
From the moment a user arrives, AI drives every touchpoint — and every touchpoint generates learning. Persona mapping informs the storyline. The storyline shapes the companions. Companions generate behavioral data. Data refines persona mapping. One interconnected system.
CCE
Central Context Engine
The Living Memory
REMEMBERS EVERYTHING

Every experiment, decision, pattern, and user signal. When a team member leaves, their knowledge doesn't.

KNOWS WHEN IT'S WRONG

Built-in decay detection. When behavior shifts, the system flags its own knowledge as stale.

GETS SMARTER EVERY WEEK

Actively relearns. Hypotheses from 6 months ago are tested against current reality.

CONNECTS WHAT NO HUMAN CAN

When one subsystem discovers a pattern, that insight automatically informs every other subsystem.

The persistent, continuously evolving intelligence that both layers draw from and feed into. Not a database — a system that actively questions its own assumptions and rewrites its playbooks.
L2
Organizational Intelligence
How Every Team Builds
Quality Evaluation Intelligence Synthesis Experiment Design Signal Detection Decision Memory Auto-Hypotheses Self-Evolving Playbooks
Embedded in how every product, content, design, marketing, and engineering decision gets made — not a dashboard people check, but infrastructure people think through.
← USE ARROWS TO NAVIGATE →
Evaluate
Maps conversations, classifies personas, captures every behavioral signal
Predict
Predicts churn before symptoms, auto-refines content per persona cluster
Self-Evolve
Designs its own experiments, rewrites its own playbooks — gets sharper every cycle
continuous loop

This loop runs continuously. Every cycle sharpens all three layers — making the next cycle even faster.

Growth with profitability.
Not growth or profitability.

90.6% CM1 proves the model. YTD EBITDA positive at ₹7.42 Cr. Last quarter, we deliberately reinvested — doubling spend toward higher-quality users while M0 doubled. The engine works. Now we scale it.

90.6%
CM1 (Contribution Margin)
For a consumer AI product — exceptional
₹7.42 Cr
YTD EBITDA Positive
17.7% margin (H2 reinvested in growth)
₹112 Cr
Reserves
Raising from strength, not necessity

EBITDA Bridge

H1: EBITDA positive at conservative spend. H2: Deliberately reinvested — doubled ad spend toward higher-quality users. Result: M0 doubled, retention cracked.

YTD Revenue · ₹42 Cr total collections
₹42 Cr
Revenue
AI infra + cloud · 9.4% of revenue
-₹4 Cr
COGS
Contribution Margin 1 · 90.6% margin
₹38 Cr
CM1
90.6%
Sales & Marketing · Doubled in H2 for quality users
-₹16 Cr
S&M
General & Admin · Team + ops overhead
-₹15 Cr
G&A
EBITDA Positive · 17.7% margin YTD
₹7.4 Cr
EBITDA
17.7%

CAC increased from ₹173 to ₹540 — intentionally. We shifted spend toward higher-quality users who engage deeper and renew at higher rates.

₹173 CAC
→ 25% M0 renewal
₹540 CAC
→ 59% M0 renewal

Higher CAC, 4x more valuable user. Optimizing for lifetime value, not installs.

₹112 Cr in reserves. We're raising from strength — capital was preserved while we solved retention. Now that the engine works, this capital deploys behind proven economics.

The economics work because
the intelligence underneath
compounds with every interaction.

Every user makes the persona mapping sharper. Every sharper persona makes the content better. Every better content generates richer signals. The system doesn't just run — it accelerates. And the longer it runs, the wider the lead.

What compounds — and why it accelerates

Persona Intelligence

240 archetypes, refined through 180K+ real users. Each new user makes the mapping sharper for the next.

Conversation Quality

12+ months of AI conversation iteration. Every session teaches the system what resonates and what falls flat.

Cultural Calibration

Thousands of real interactions across India's diverse contexts. This can't be built in a lab — only in the field.

10M+
Voice Interactions
Training data no competitor has
180K+
Personas Validated
Each one refined through real behavior
12+ mo
Head Start
And accelerating — not linear

Global Players

Optimized for streaks and DAU. Treats India as one segment. No persona intelligence, no cultural depth.

AI Pronunciation Apps

Strong on speaking mechanics. But pronunciation ≠ confidence. One dimension of a multidimensional problem.

Human Tutor Models

Real conversations, but ₹200-500/session economics. No compounding — session 100 is identical to session 1.

The Compounding Flywheel

MOAT compounds weekly CLASSIFY Deep Persona SERVE AI Content TRACK Signals MEASURE Outcomes REFINE Evolve
Hover over any node to see details

The retention, the economics, the personalization — all stem from this compounding system.
Every month it runs, the product gets smarter, the economics get stronger, and the lead gets harder to close.

Deepen the understanding.
Then unlock the market.

12 months. Two phases. First, deepen the system until we understand every user archetype at a level no competitor can reach. Then, scale — because every new user will instantly feel "this was made for me."

PHASE 1 — MONTHS 1-6

Deepen the System

Build the moat so wide that no competitor can cross it.

Complete 12 deep persona archetypes covering 80%+ of users
Deploy automated persona classification from first session
AI content engine generates persona-specific storylines at near-zero cost
Close the loop: persona → content → signal → refinement (weekly)
PHASE 2 — MONTHS 7-12

Scale What's Proven

When every new user instantly feels "this was made for me."

Persona-matched acquisition funnels at scale
Predictive first-session mapping — know who you are from minute 1
Deeply resonating product across all 240 persona combinations
Target: ₹200+ Cr ARR
~₹56 Cr
Current ARR
₹4.7 Cr/month × 12
~₹100 Cr
Phase 1 Exit ARR
Retention-driven: better M0 × better M1+
₹200+ Cr
Phase 2 Target ARR
Acquisition-driven: scale proven engine

Unit economics positive throughout. EBITDA returns as retention gains compound at scale.

Built by a team that
obsesses over depth.

A lean team augmented by an AI first approach that gives us the output of a company 10x our size.

Arpit Mittal

Arpit Mittal

Founder & CEO

Built SpeakX from zero to profitability.

Deepank Agarwal

Deepank Agarwal

CTO

Architect of the AI infrastructure powering the three-layer intelligence system.

Paawan Talwar

Paawan Talwar

Product Head

Designed persona intelligence framework & product-org learning loops to drive personalisation.

Retention cracked. Economics proven.
Intelligence compounding.
Capital to make this inevitable.

We're raising a Series B to capture a $5.9B market with the only product that has cracked retention, unit economics, and compounding intelligence — all at once. ₹112 Cr in reserves. This is a raise from strength, not necessity.

Deepen the Intelligence

Accelerate the evaluate → predict → self-evolve loop. More persona depth, faster classification, richer signals per cycle.

Scale AI Infrastructure

Voice AI, real-time classification, content generation at near-zero marginal cost. 10x users without 10x the cost.

Capture the Market

$5.9B market, zero competition that works. 4x LTV/CAC on matured cohorts. Persona-matched funnels ready to scale.

Scale Proven Economics

90.6% CM1. LTV/CAC positive across all CAC levels. Deploy capital behind what already works.

SpeakX
The system that understands
300 million people —
and gives them the confidence
to change their lives.
13x
Revenue
59%
M0
90.6%
CM1

Others teach English. We built the intelligence system that learns
why each person fails — and rewires itself to unlock them.

The Confidence Engine