When was SpeedLabs founded?

SpeedLabs was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is SpeedLabs located?

SpeedLabs is headquartered in Mumbai, India. It is registered at 303, 3rd Floor, Nahar Business Center, Chandivali, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400072.

Who is the current CEO of SpeedLabs?

Vivek Kumar Varshney of SpeedLabs. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is SpeedLabs associated with?

SpeedLabs is associated with TEEVRA EDUTECH PRIVATE LIMITED.

How many employees does SpeedLabs have?

As of Mar 31, 2025, the latest employee count at SpeedLabs is 11.

Is SpeedLabs a funded company?

SpeedLabs is a funded company, having raised a total of $8.76M across 13 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 29, 2016.

How much is SpeedLabs worth?

The latest valuation of SpeedLabs is $***** as of Apr 03, 2024.

When was the latest funding round of SpeedLabs?

SpeedLabs' latest funding was a $***** Seed round on Nov 17, 2025, with participation from 1 investor.

What is the annual revenue of SpeedLabs?

Annual revenue of SpeedLabs is between ₹10 Cr and ₹50 Cr as on Mar 31, 2026

Where does SpeedLabs rank among its competitors?

SpeedLabs ranks 17th amongst 2572 active competitors, of which 110 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was SpeedLabs, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of SpeedLabs?

SpeedLabs' top competitors include BYJU'S, Vedantu and Oda Class. Among them, SpeedLabs secured the most recent funding round in November, 2025.

SpeedLabs - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Chains providing online tutoring and test preparation for school students. They offer courses for grades one through twelve, covering multiple educational boards. The company provides adaptive learning platforms with practice questions and progress analytics. They also offer coding and space technology courses for various age groups.

Website: speedlabs.in
Social
Email ID: *****@speedlabs.in
Phone Number: +91 **********
Registered Address: 303, 3rd Floor, Nahar Business Center, Chandivali, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400072

Key Metrics

Founded Year

2015

Location

Mumbai, India

Stage

Seed

Total Funding

$8.76M in 13 rounds

Latest Funding Round

Seed, Nov 17, 2025, $*****

Post Money Valuation

$***** as on Apr 03, 2024

Investors

35North Ventures & 165 more

Ranked

17^th among 2572 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2026

Employee Count

11 as on Mar 31, 2025

Similar Companies

BYJU'S & 1606 more

View SpeedLabs' full profile

SpeedLabs is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TEEVRA EDUTECH PRIVATE LIMITED CIN: U80904MH2015PTC266988 , India, Active	Jul 29, 2015	₹10 - ₹50 Cr (As on Mar 31, 2026)	11 (As on Mar 31, 2025)

SpeedLabs has raised a total funding of $8.76M over 13 rounds. Its first funding round was on Mar 29, 2016. Its latest funding round was a Seed round on Nov 17, 2025 for $*****. 1 investor participated in its latest round. SpeedLabs has 40 institutional investors and 126 angel investors.

Here is the list of recent funding rounds of SpeedLabs:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 17, 2025	3445769	Seed	5001562	2540611	2630084	3946278
Mar 2025	4754630	Seed	3367541	4713895	3545831	3612596
Apr 03, 2024	4902694	Seed	7562150	6731340	Bay Capital & 1 more	7277319

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View details of SpeedLabs's funding rounds and investors

The founders of SpeedLabs are Vivek Kumar Varshney and Praveen Gadelli. Vivek Kumar Varshney is the CEO of SpeedLabs.

Here are the details of SpeedLabs' key team members:

Vivek Kumar Varshney: Co-Founder & CEO of SpeedLabs. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Praveen Gadelli: Co-Founder of SpeedLabs.
Contact Info: 1 email address

SpeedLabs' Board of Directors

SpeedLabs's board has 7 active members. Srinivas Reddy Mallareddygari, Manish Chhajed and Vivek Kumar Varshney are part of team and Ashwani Kumar Singh, Rajat Bhandari, Tanushree Varshney and Hori Prasad Lahoty are independent board members.

Here is the list of SpeedLabs' board of directors:

Name	Type	Representing	Status	Duration
Vivek Kumar Varshney	Team	-	Current	9y 8m
Srinivas Reddy Mallareddygari	Investor	-	Current	2y 2m
Manish Chhajed	Investor	SEP Ventures	Current	5y 4m
Ashwani Kumar Singh	Independent board member	-	Current	4y 0m
xfhrhen	Independent board member	-	Current	2y 6m
swpgxtt	Independent board member	-	Current	1y 7m
cmkdwpz	Independent board member	-	Current	6y 3m
h{aqeph	Independent board member	-	Past	9y 7m

View details of SpeedLabs's Founder profiles and Board Members

SpeedLabs' employee count trend

SpeedLabs has 11 employees as of Mar 25. The total employee count is 21.0% lower than what it was in Mar 24. Here is SpeedLabs's employee count trend over the years:

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Top competitors of SpeedLabs include BYJU'S, Vedantu and Oda Class. Here is the list of Top 10 competitors of SpeedLabs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BYJU'S 2011, Bengaluru (India), Series F	Provider of online and offline academic tutoring for school students	$4.6B	Peak XV Partners, General Atlantic & 130 others	78/100
2nd	Vedantu 2011, Bengaluru (India), Series F	Provider of live interactive K–12 tutoring platform	$341M	Accel, Tiger Global Management & 43 others	75/100
3rd	Oda Class 2017, Bengaluru (India), Series B	Online tutoring platform for k-12 students	$12.8M	Matrix Partners China, Yuanfudao & 2 others	72/100
4th	Toppr 2013, Mumbai (India), Acquired	Developer of personalized online learning and test preparation solutions	$116M	Elevation Capital, Kaizenvest & 28 others	71/100
5th	Cuemath 2013, Bengaluru (India), Series D	Online platform offering live classes for school students	$124M	Peak XV Partners, Alpha Wave Global & 15 others	71/100
6th	Bhanzu 2020, Hyderabad (India), Series B	Provider of personalized online math courses for children	$33.7M	Lightspeed, Lightspeed Venture Partners & 16 others	71/100
7th	17Zuoye 2011, Beijing (China), Public	Provider of virtual classroom platform for students, parents and teachers	$585M	Shunwei Capital, H Capital Advance & 7 others	67/100
8th	Filo 2020, Lewes (United States), Series A	Provider of on-demand, one-to-one tutoring services connecting students with tutors	$23.3M	Anthos Capital, Better Capital & 10 others	66/100
9th	GoStudent 2016, Vienna (Austria), Series D	Provider of online tutoring platform for K-12 students	$779M	Left Lane Capital, VisionFund & 16 others	66/100
10th	Xylem Learning 2019, Kozhikode (India), Acquired	Online platform offering personalized tutoring for entrance exams	-	Physics Wallah	65/100
17th	SpeedLabs 2015, Mumbai (India), Seed	Chains providing online tutoring and test preparation for school students	$8.76M	LetsVenture, Agility Ventures & 164 others	61/100

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Founders own 31.01%, Funds (largest shareholder) own 33.86%, Enterprises own 5.30% and Angels own 3.22%. The net worth of SpeedLabs's founders is INR 30Cr as of Apr 03, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	31.01%	30Cr	6375629	9735497	4238394	6946440
Vivek Kumar Varshney	4696261	6087177	9642265	6590337	5827724	3584656
Fund	33.86%	32.8Cr	3736793	5881038	4123026	1979483
Bay Capital	1906094	7284415	3018845	4744753	2338893	3837175
Ecosystem Ventures	0	0	0	0	0	0
35North Ventures	0	0	0	0	0	0
Enterprise	5.30%	5.11Cr	62250	62387	96523	15186
Angel	3.22%	3.12Cr	771	836	202	313
Other People	5.71%	5.51Cr	67123	51428	72387	83148
ESOP Pool	2.51%	2.43Cr	32	66	59	81
Other Investors	18.42%	17.8Cr	8527259	5449978	5461391	8994724
Total	100.00%	96.7Cr	2749785	2972137	7788175	9252202