PhysicsWallah raises $100 million from Westbridge, GSV Ventures, joins unicorn club

PhysicsWallah co-founder and chief executive Alakh Pandey

Bootstrapped edtech startup PhysicsWallah has raised $100 million as a part of its Series A funding round from WestBridge Capital and GSV Ventures, at a unicorn valuation, the company said in a statement on June 7.

PhysicsWallah raised the money at $1.1 billion valuation, becoming India's 101st unicorn, the company said. PhysicsWallah said it plans to use the funds for business expansion, branding, opening more offline learning centres, and introducing more course offerings, the company added.