Speed Labs Unlisted Shares
Speed Labs Ltd. (Teevra Edutech)
DUM001234567
Incorporation Date: 29-Jul-2015
Listing Status: DRHP Not Filed
Right issue @1195/- Rd 15th May 2023
About Speed Labs Unlisted Shares
Overview of Speed Labs Unlisted Shares
SpeedLabs (Teevra Edutech Pvt. Ltd.) is an Indian ed-tech company that specializes in providing AI-powered personalized learning, online tutoring, and test preparation for school students. Founded in 2015 by Vivek Varshney and Praveen Gadelli, the company focuses on creating a unified learning ecosystem connecting students, teachers, and schools.
Here is a comprehensive overview of the company and its latest updates:
Company Profile
Legal Name: Teevra Edutech Private Limited
Brand Name: SpeEdLabs
Founded: July 29, 2015
Headquarters: Mumbai, Maharashtra, India
Founders: Vivek Varshney (Co-Founder & CEO) and Praveen Gadelli (Co-Founder)
Core Offering: Adaptive learning platforms, practice questions, progress analytics, and hybrid learning models (B2B and B2C).
Products and Services
SpeedLabs uses artificial intelligence (AI) and Machine Learning (ML) to offer a customized "E-Mentor" experience that identifies students' weak spots and builds a "Personalized Improvement Plan".
Target Audience: Students from Grade 1 to 12.
Curriculums Covered: CBSE, ICSE, IGCSE, and various State Boards.
Competitive Exams: IIT-JEE (Mains & Advanced), NEET, NTSE, and Olympiads.
School Integrated Program (SIP): A B2B offering where SpeedLabs partners with schools to provide adaptive learning apps, extensively researched study material (techno-books with QR-powered video learning), hybrid teaching, and detailed performance insights for teachers and principals.
Content Library: Offers access to over 20,000 concepts, mind-maps, and a practice repository of over 4,00,000 questions.
Reach and Impact
Geographic Presence: SpeedLabs empowers students across 400+ cities and towns in India.
Network: The platform is trusted by over 40+ schools, 1000+ coaching centers, and has over 10,000+ students on its platform.
Engagement: To date, more than 50 million questions have been practiced on their adaptive platform.
Financials and Funding Updates
SpeedLabs has been steadily growing its operations and attracting investor interest:
Revenue: For the financial year ending March 31, 2025, the company reported revenues between ₹10 Cr and ₹50 Cr, showing a massive compounded annual growth rate (CAGR) of 224% over the last year.
Total Funding: The company has raised a total funding of $8.76M across 13 rounds.
Recent Funding: Its latest recorded funding was a Seed round on November 17, 2025. Previously, in May 2022, they raised ₹14.31 Cr in Pre-Series A funding from investors including Mumbai Angels, LetsVenture, and Ecosystem Ventures.
Shareholding: As of recent cap tables, Funds are the largest shareholders (33.86%), followed by Founders (31.01%), Other Investors (18.42%), and Angels (3.22%).
Recent Tech & App Updates
SpeedLabs continuously updates its digital infrastructure for better user experience. According to recent App Store and Play Store update logs (late 2024 to early 2026), they have:
Introduced new OMR scanning and review features.
Enhanced the AI-powered practice modules, improved assignment modules, and added past-year paper practices for JEE and NEET.
Revamped the Affiliation and Faculty Dashboards to help teachers track class-wise batch summary reports.
Insights of Speed Labs Unlisted Shares
Financial Performance & Capital Structure
SpeedLabs has demonstrated aggressive top-line acceleration, largely driven by their shift toward a B2B and hybrid learning model.
Revenue Growth: For the financial year ending March 31, 2025, the company reported operating revenue in the ₹10 Cr to ₹50 Cr bracket. Most notably, this represents a massive compounded annual growth rate (CAGR) of 224% over the previous year.
Funding Trajectory: The company has raised a total of $8.76M across 13 rounds. Their most recent capital injection was a Seed round in November 2025. Prior to this, they raised a $2.5M (₹14.31 Cr) Pre-Series A in May 2022 from institutional and angel networks.
Valuation Signals: Based on recent cap tables, the total implied equity value sits at approximately ₹96.7 Cr.
The cap table reflects a standard early-stage venture structure, though institutional funds now hold a slight majority over the founding team:
| Shareholder Category | Equity Stake |
| Institutional Funds | 33.86% |
| Founders | 31.01% |
| Other Investors & Angels | 21.64% |
| Enterprises / Corporates | 5.30% |
| ESOP Pool | 2.51% |
Strong B2B Acceptance and Student Retention
The core engine driving the company's 90%+ growth is its JEE NEET Foundation Programs (Grades 6-12) integrated directly into schools
Student Volumetric Growth: The student base expanded 2.3x, surging from ~60k students in the 2025-26 academic year to 140k+ students locked in for the 2026-27 academic year
.Sticky Revenue Model: The platform achieved 100%+ YoY customer retention, showcasing excellent service market fit and high learning outcome satisfaction among school management and teachers
.Pan-India B2B Infrastructure: Programs are now active or slated for implementation in 650+ schools across 26 states, providing a massive nationwide distribution network
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Shift toward Hybrid and Offline Execution
While software-led delivery remains the technological base, SpeedLabs has identified strong market demand for hybrid/offline physical touchpoints
From running offline school programs in just 2 schools (Tamil Nadu and Andhra Pradesh) in FY26, they scaled rapidly to 15+ intensive projects across 6 states for the subsequent academic cycle
.
Active Diversification beyond JEE/NEET
SpeedLabs is actively repositioning itself from a pure test-prep provider into a broader educational technology player
STEM Expansion: Scaled its Robotics program from 6 schools to 20+ schools
. They established a strategic R&D partnership with IIIT Allahabad to design curriculum, AI, coding modules, and learning videos .Brand Acquisition: Hired professional services and spent ₹40 Lakhs to acquire the license for the "CH EdgeMakers" brand
. This moves their ecosystem directly into management course entrance exams, diversifying risk away from just engineering and medical test prep .Brand Building Launch: Invested a one-time amount of ₹60 Lakhs for launching a dedicated new brand called "STEMLearn AI"
.
2. Cost Structuring & Operating Leverage Analysis
The management's internal report notes a focused shift toward an integrated approach for structural EBITDA growth
Employee Productivity Gains: As technology investments scaled, employee benefit metrics fell from 46.5% of total revenue in FY25 to 42.6% in FY26
. The team indicates that operational scaling will continue to push headcount cost ratios down .Marketing & Other Savings: Marketing costs dropped from 4.8% to 3.4% of revenue, while rent dropped from 7.3% to 5.8%, signaling high operating leverage
. Marketing scale benefits stem from the word-of-mouth nature of B2B school acquisitions .The Printing Cost Trade-Off: Cost of Goods Sold (COGS) as a percentage of revenue increased slightly from 25.8% to 27.6%
. This was caused by the higher upfront physical printing costs for paper, sampling materials, and initial production batches for their newly introduced programs .
3. Capital, Debt, & Balance Sheet Health
Fundraising & Capital Structure: During the fiscal year, the company issued 16,408 equity shares via private placement at a massive premium of ₹2,863 per share
. They also issued 2,088 Compulsorily Convertible Preference Shares (CCPS) to VentureSoul Capital Fund I (Scheme I) .Debt Structuring: To power working capital, the company raised ₹3.0 Crores through 300 Secured Non-Convertible Debentures (NCDs) carrying an 18% p.a. interest rate from VentureSoul Capital Fund, secured against inventory and trade receivables
. They also maintain short-term credit lines backed by promoter-pledged equity shares and personal guarantees from founders Vivek and Tanushree Varshney .Massive Inventory and Receivable Cycles: Inventories rose drastically from ₹1.00 Cr to ₹3.89 Cr, and Trade Receivables grew from ₹5.15 Cr to ₹11.40 Cr
. This indicates a highly intensive collection cycle, typical of working with enterprise school networks where payments track academic terms.
🎯 Forward Outlook (Targeting FY 2026-27)
Management has explicitly stated an internal benchmark target to achieve 2x revenue growth with a positive 20% EBITDA margin for the next cycle
. They intend to do this by capping combined print/employee costs under 65% of revenue and tightly controlling administrative overhead below 15% .
⚖️ Legal & Compliance Note
The company successfully cleared a major risk backdrop in FY26
Financial Charts of Speed Labs Unlisted Shares
Balance Sheet of Speed Labs Unlisted Shares
Profit and Loss of Speed Labs Unlisted Shares
Ancillary of Speed Labs Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Speed Labs Unlisted Shares
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How to buy Speed Labs Ltd.?
Below are three ways through which you can purchase Speed Labs Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Speed Labs Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Speed Labs Ltd.?
Below are three ways through which you can sell Speed Labs Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Speed Labs Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Speed Labs Ltd.?
We provide a two way quote on all the shares we deal in. Your buy price for Speed Labs Ltd. is ₹2055 and your sell price for Speed Labs Ltd. is ₹500. The price is based on our estimates and market conditions.
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What is the lock-in period of Speed Labs Ltd.?
The lock-in period for Speed Labs Ltd. varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Speed Labs Ltd.
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Speed Labs Ltd.
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Speed Labs Ltd. price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Speed Labs Ltd.. The price is also determined from the most recent funding round for Speed Labs Ltd.. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Speed Labs Ltd.?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Speed Labs Ltd. with us kindly click here.
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What are the financials of Speed Labs Ltd.?
The financials of Speed Labs Ltd. which includes the P/L of Speed Labs Ltd. and the Balance Sheet of Speed Labs Ltd. is in the financials section (Click on link).
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Where can I find the annual report of Speed Labs Ltd.?
The annual report of Speed Labs Ltd. is available in the annual report section (Click on link).
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Is buying Speed Labs Ltd. legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Speed Labs Ltd.?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Speed Labs Ltd. and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Speed Labs Ltd. once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Speed Labs Ltd.?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Speed Labs Ltd. from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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