When was Utter founded?

Utter was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Utter located?

Utter is headquartered in Pune, India. It is registered at VIRWANI INDL ESTATE, SHOP NO. A-101, OPP. WESTERN EXP HIGHWAY, GOREGAON (E), Mumbai, Maharashtra, India, 400063.

Who is the current CEO of Utter?

Ninad Jayawant Vengurlekar and Ninad Vengurlekar s of Utter. Ninad Jayawant Vengurlekar has also founded 1 company.

Which legal entities is Utter associated with?

Utter is associated with EDMOBILE LABS PRIVATE LIMITED and 2 others.

How many employees does Utter have?

As of Aug 31, 2026, the latest employee count at Utter is 319.

Is Utter a funded company?

Utter is a funded company, having raised a total of $2.25M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 20, 2015.

How much is Utter worth?

The latest valuation of Utter is ₹***** as of Jan 01, 2020.

When was the latest funding round of Utter?

Utter's latest funding was a $***** Seed round on Jun 18, 2019, with participation from 18 investors. Its primary sector is HRTech. In India, the HRTech sector has seen $40.7M in funding in 2026 to date.

What is the annual revenue of Utter?

Annual revenue of Utter is between ₹10 Cr and ₹50 Cr as on Mar 31, 2022

Where does Utter rank among its competitors?

Utter ranks 6th amongst 195 active competitors, of which 29 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was SpeakBUDDY, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Utter?

Utter's top competitors include Learnship, SpeakBUDDY and Praktika AI. Among them, SpeakBUDDY secured the most recent funding round in December, 2025.

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

Utter is a seed company based in Pune (India), founded in 2015 by Ninad Jayawant Vengurlekar, Ninad Vengurlekar and Amit Bhadbhade. It operates as a Provider of AI powered chatbots for vernacular based English language learning applications. Utter has raised $2.25M in funding from Capria and Unitus Ventures, with a current valuation of ₹*****. The company has 195 active competitors, including 29 funded and 6 that have exited. Its top competitors include companies like Learnship, SpeakBUDDY and Praktika AI.

Company Details

Provider of AI powered chatbots for vernacular based English language learning applications. It offers a chatbot-based application for learning the English language, and business multilingual chatbots for employee language training for sectors, such as hospitality, retail, and facility management. The features include audio and video-based content, real-time employee engagement, employee certification, feedback management, and more. Its mobile apps are available for Android devices.

Website: www.utter.in/
Social
Email ID: *****@utter.in
Part Of
Registered Address: VIRWANI INDL ESTATE, SHOP NO. A-101, OPP. WESTERN EXP HIGHWAY, GOREGAON (E), Mumbai, Maharashtra, India, 400063

Key Metrics

Founded Year

2015

Location

Pune, India

Stage

Seed

Total Funding

$2.25M in 5 rounds

Latest Funding Round

Seed, Jun 18, 2019, $*****

Post Money Valuation

₹***** as on Jan 01, 2020

Investors

Capria & 38 more

Ranked

6^th among 195 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2022

Employee Count

319 as on Aug 31, 2026

Similar Companies

SpeakBUDDY & 130 more

View Utter's full profile

Utter is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ENCOMPASS DESIGN INDIA LIMITED CIN: L74210MH2010PLC200672 , India, Active	Mar 09, 2010	₹50 - ₹100 Cr (As on Mar 31, 2025)	27 (As on Aug 01, 2025)
EDMOBILE LABS PRIVATE LIMITED CIN: U74900PN2014PTC153006 , India, Active	Nov 05, 2014	0 - ₹10 Cr (As on Mar 31, 2025)	-
ENCOMPASS DESIGN INDIA PRIVATE LIMITED CIN: U74210MH2010PTC200672 , Vanuatu, Active		₹10 - ₹50 Cr (As on Mar 31, 2022)	27 (As on Aug 31, 2023)	-

Utter has raised a total funding of $2.25M over 5 rounds. Its first funding round was on Apr 20, 2015. Its latest funding round was a Seed round on Jun 18, 2019 for $*****. 18 investors participated in its latest round. Utter has 7 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Utter:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 18, 2019	7852872	Seed	7056943	4359590	8086647	9602354
Apr 26, 2018	8079427	Seed	8291360	3217451	2745102	Ritu Reddy & 9 more
Jan 11, 2017	5160292	Seed	8535702	6845007	Capria	4521964

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View details of Utter's funding rounds and investors

The founders of Utter are Ninad Jayawant Vengurlekar, Ninad Vengurlekar and Amit Bhadbhade. Ninad Vengurlekar and Ninad Jayawant Vengurlekar are the CEOs of Utter.

Here are the details of Utter's key team members:

Ninad Jayawant Vengurlekar: Co-Founder & CEO of Utter. They serve on the board of 1 company.
Contact Info: 1 email address
Ninad Vengurlekar: Co-Founder & CEO of Utter.
Contact Info: 1 email address
Amit Bhadbhade: Co-founder & CTO of Utter and founder of 1 other company.
Contact Info: 1 email address

Utter's Board of Directors

Utter's board has 2 active members. Ninad Jayawant Vengurlekar and Amit Arwind Bhadbhade are part of team.

Here is the list of Utter's board of directors:

Name	Type	Representing	Status	Duration
Ninad Jayawant Vengurlekar	Team	-	Current	11y 10m
Amit Arwind Bhadbhade	Team	-	Current	11y 10m
{rfmoud	Investor	-	Past	5y 2m

View details of Utter's Founder profiles and Board Members

Utter's employee count trend

Utter has 319 employees as of Aug 26. Here is Utter's employee count trend over the years:

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Top competitors of Utter include Learnship, SpeakBUDDY and Praktika AI. Here is the list of Top 10 competitors of Utter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Learnship 2008, Cologne (Germany), Acquired	Online corporate language learning solution	-	Evoco, Capnamic Ventures & 2 others	64/100
2nd	SpeakBUDDY 2013, Chuo (Japan), Seed	AI-based English language learning solutions	$10.7M	Mitsubishi UFJ Capital, 31VENTURES & 3 others	62/100
3rd	Praktika AI 2022, Wilmington (United States), Series A	AI-based LMS platform for learning english	$38M	Blossom Capital, Creator Ventures & 9 others	61/100
4th	Speexx 2011, Germany, Series B	Provider of online language, intercultural, business coaching, and mentoring programs	$10.9M	Eiffel Investment Group, Ventech & 3 others	59/100
5th	Hello English 2012, Jaipur (India), Acquired	Provider of English language learning solutions	$6.59M	Tiger Global Management, 500 Global & 8 others	58/100
6th	Utter 2015, Pune (India), Seed	Provider of AI powered chatbots for vernacular based English language learning applications	$2.25M	CLSA Capital Partners, Unitus Ventures & 37 others	58/100
7th	Toko Tutor 2020, California City (United States), Seed	Provider of a conversational AI platform for language learning	$500K	Y Combinator, GSV Ventures & 4 others	57/100
8th	Supernova 2021, Bengaluru (India), Series A	Developer of mobile applications for learning spoken English language skills	$4.67M	Kae Capital, Lumikai & 17 others	57/100
9th	Drops 2015, Tallinn (Estonia), Acquired	Gamified resources for language learning	-	-	52/100
10th	OckyPocky 2015, Gurugram (India), Seed	Provider of a vernacular-based English learning app for preschool kids	$1.05M	SucSEED Indovation, Lead Angels & 98 others	52/100

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Founders (largest shareholder) own 40.74%, Funds own 35.02%, Enterprises own 2.44% and Angels own 19.43%. The net worth of Utter's founders is INR 16Cr as of Jan 01, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	40.74%	16Cr	8753964	7710344	8148129	7750070
Ninad Jayawant Vengurlekar	1877262	2341107	9383390	2810527	5548500	6276878
Fund	35.02%	13.7Cr	6907874	8198615	9583133	5605119
Capria	6552912	5458083	8483002	6877246	2130655	3832832
Unitus Ventures	6686409	3946161	4907407	7046807	3511258	3092940
Enterprise	2.44%	95.6L	98	24	27	45
Angel	19.43%	7.61Cr	8606267	4040957	2970732	7985731
Rajesh Krishnan	642	867	742	680	942	212
J V Arun Kumar	1	1	1	1	3	8
Anandhi Srinivas	0	0	0	0	0	0
Other People	2.35%	92L	38	75	98	64
Total	99.98%	39.2Cr	5031220	8535134	1227574	5598919