In a spectacular start to its public market journey, India’s homegrown edtech sensation PhysicsWallah (PW) made waves on the stock exchanges on Tuesday, listing at Rs 145 per share on the NSE, a whopping 33% premium over its IPO issue price of Rs 109. On the BSE, shares opened slightly lower at Rs 143, but the debut clearly signaled that investors are betting big on the growth story of the…
India’s edtech sensation PhysicsWallah is ready to shake up the stock market with a blockbuster IPO that could value the company at a staggering $3.2 billion. The IPO, priced between Rs 103 and Rs 109 per share, opens on November 11 and closes on November 13, and investors are already buzzing about what this could mean for the future of India’s booming education sector.
The Rs 3,480 crore IPO…
In a bold move poised to reshape India’s educational technology sector, PhysicsWallah, the edtech unicorn renowned for its affordable coaching programs, is reportedly in advanced negotiations to acquire Drishti IAS, a leading institute in civil services exam preparation. This potential acquisition, valued between ₹2,500 crore and ₹3,000 crore, stands as one of the most significant deals in…
In a bold move, PhysicsWallah, one of India’s leading edtech platforms, has officially become a public company. The company’s board recently approved the transition from PhysicsWallah Private Limited to PhysicsWallah Limited, signaling the start of its preparations for a much-anticipated Initial Public Offering (IPO) set for 2025.
This change marks a new chapter in the growth of the edtech…
In an exciting move to fuel the entrepreneurial spirit in India, Physics Wallah (PW) has launched the second edition of its Aarambh program, designed to inspire and guide the next generation of startup founders. After the success of Aarambh 1.0, the PW School of Startups is back with Aarambh 2.0, a 5-day residential program for school students, college students, and early professionals, aiming to…
Edtech unicorn Physics Wallah (PW) has successfully raised $210 million in its latest Series B funding round, which was led by Hornbill Capital. This substantial investment marks a significant leap for the startup, bringing its post-money valuation to an impressive $2.8 billion. The funding round also included participation from Lightspeed Venture Partners and existing investors such as GSV and…
Several educators in India have transitioned from teaching to entrepreneurship, significantly impacting the startup scene with their innovations. Prominent figures like Byju Raveendran have become household names and billionaires, while others have ventured into diverse fields.
The Rise of Educator Entrepreneurs
In recent years, Indian test prep educators have gained immense popularity, often…
PhysicsWallah Unveils ‘School of Startups’ and $5 Million Fund to Support Over 100 New Ventures
Edtech unicorn PhysicsWallah, known for revolutionizing education through innovative learning solutions, has announced the launch of its ‘PW School of Startups’ (PW SOS) along with a $5 million fund aimed at supporting over 100 startups. This new initiative is designed to provide a comprehensive…
