PhysicsWallah in Talks to Raise around $250 Million at $3.3 Billion Valuation

PhysicsWallah is an Indian educational technology company that provides an affordable and comprehensive learning experience to students. The company delivers live classes, video lectures, test series, and exercises for JEE, NEET entrance, and board exams.

PhysicsWallah, the edtech unicorn, is seeking to value its company at $3.3 billion, up from its existing valuation of $1.1 billion. PhysicsWallah is in the market and is talking to multiple private equity (PE) investors. The company’s existing shareholders GSV Ventures and WestBridge Capital are likely to add to their bets. The fresh funding will be used for business growth, branding, opening more offline learning centers, and introducing more courses.

PhysicsWallah, Noida, India, was founded in 2020 by Alakh Pandey and Prateek Maheshwari. In June 2022, Physics Wallah became India’s 101st unicorn company by raising $100 million in its maiden funding round led by WestBridge Capital and GSV Ventures. As of January 2023, Physics Wallah runs more than 45 offline centers across 60 cities. Currently, PhysicsWallah is one of the most popular educational platforms that has over 8 million students.

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