Physicswallah

The list of technology companies planning to tap the IPO markets includes companies such as Groww, Lenskart, Meesho, Pine Labs, Fractal Analytics and PhysicsWallah.

Zerodha flags ‘unique risks’ in PhysicsWallah IPO filing: Flying slippers, falling ceiling fans

Edtech unicorn’s Rs 3,820 crore IPO draft reveals bizarre and serious safety breaches at offline centres; Zerodha calls it a surreal risk disclosure.

PhysicsWallah IPO: Issue size, promoter cash-out, heavy costs and teaching moments decoded

Backed by WestBridge, Hornbill and GSV Ventures, the edtech firm has doubled down on offline centres and acquisitions even as rising employee costs, high attrition, and loss-making subsidiaries test its balance sheet.

PhysicsWallah revenue surges 49% in FY25, losses narrow to Rs 243 crore as offline bet scales up

Offline centres now contribute nearly half of PhysicsWallah’s topline, underscoring its shift into a hybrid model.

SEBI approves PhysicsWallah's pre-IPO draft filing

Indian IPO market, which had a slow start to the year, has recently gained traction, with about 10 company listings on the bourses in July so far and three more IPOs currently open

Edtech unicorn PhysicsWallah makes confidential filing of draft papers for Rs 4,600-crore IPO

The move makes PhysicsWallah the seventh major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services and Indira IVF

Physicswallah's courses will continue to be priced below Rs 5,000: CEO Alakh Pandey

The company draws as much as 55 percent of its business from online channels, with the remaining coming from its offline Vidyapeeth centers

16-year-old UP girl cracks National Math Olympiad, Alakh Pandey applauds online learning

To support her further, PhysicsWallah CEO Alakh Pandey gifted Niyanshi a laptop and encouraged her to continue her studies.

Delhi HC restrains Scholars Den from running ‘Sasta Wallah’ ads against PhysicsWallah

The company argued that Scholars Den’s advertisements, which featured the term “sasta wallah,” not only mocked its business model but also misrepresented the quality of its education

21-year-old labourer, earning Rs 300 a day, cracks NEET with big score. PhysicsWallah's Alakh Pandey steps in

Sarfaraz's first attempt saw him join a dental college, but the lack of hostel facilities forced him to drop out. Refusing to give up, he tried again in 2024.

PhysicsWallah’s revenue jumps 161% to Rs 1,940 crore in FY24, losses widen to Rs 1,130 crore

The losses come at a time when PhysicsWallah is preparing to go public and has shortlisted bankers such as Axis Capital, Kotak Mahindra Capital, Goldman Sachs and JP Morgan for its $500 million IPO

Ed-tech unicorn PhysicsWallah shortlists 4 i-banks for around $400 mn-$500 mn IPO in 2025

On September 20, PhysicsWallah raised $210 million valuing it at $2.8 bn. The firm could potentially become India's first ed- tech player to debut on the domestic bourses.

Fund raise done, edtech unicorn PhysicsWallah calls i-banks for IPO pitches next week; aims for 2025 listing

On September 20, PhysicsWallah raised $210 million valuing it at $2.8 bn. The capital raise, led by Hornbill Capital, saw participation from Lightspeed Venture Partners, as well as existing investors WestBridge Capital and GSV Ventures

People chase funding headlines, but forget content and impact: Alakh Pandey, Physics Wallah

In an exclusive chat, Physics Wallah Founders and CEO Alakh Pandey and co-founder Prateek Maheshwari emphasise their strategy to steer away from crowded hubs like Kota, opting instead for smaller, efficient micro hubs closer to students' homes.

Physics Wallah raises $210 million in funding at $2.8 billion valuation

The round, led by Hornbill Capital, saw participation from Lightspeed Venture Partners, as well as existing investors GSV Ventures and WestBridge Capital

AI Alliance NCR: No big fear of job losses due to AI among teachers, says PhysicsWallah’s Prateek Maheshwari

This comes even as OpenAI has announced the launch of GPT-4o (“o” for “omni”), the latest update to its artificial intelligence model that powers ChatGPT which poses a threat on edtech companies with its powerful abilities in reasoning, and coding intelligence.

Breaking Boundaries: High profits, growing demand drive Indian edtechs into study-abroad segment

Over the past two years, edtech startups in India have been treading rough waters, chasing profitability and cutting costs . Companies are now foraying into segments that inherently command higher profit margins.

PhysicsWallah's standalone revenue surges 3.4x to Rs 798 cr in FY23, net profit down to Rs 16 cr

To be sure, the company shared that the fall in net profit is owed to non-cash expenses of about Rs 62.1 crore including Employee Stock Ownership Plan (ESOP), lease equalisation reserve (LER) and inventory provision. These provisions are not actual expenditures that the company has incurred, but futuristic provisions, it added.

Online to offline: Upskilling startups vie to launch new-age colleges in shift from edtech model

PhysicsWallah and Scaler are among the highly valued tech startups that have launched such ‘new-age’ colleges, taking on top tech institutions. Bootstrapped startup Masters’ Union introduced the idea of a modern college.

Physicswallah lets go of 120 employees after performance review

This is the first reported instance of layoffs at Physicswallah, the only profitable edtech unicorn in India

PhysicsWallah HR head says 80% candidates lie about salary in their resumes: Report

The top executive said that PhysicsWallah uses a tool which checks the bank account details of candidates to check if they are lying about their salaries.

PhysicsWallah forays into undergraduate education with AI and computer science course

The four year-residential programme in Computer Science and Artificial Intelligence (AI) will begin in September this year in Bengaluru, with a batch of about 100 students, Vishwa Mohan, Chief Information Officer of PhysicsWallah and President of the institute, called PhysicsWallah Institute of Innovation told Moneycontrol in an interaction.

Edtech startup Adda247 acquires Veeksha to strengthen test prep amid competition

This comes months after Adda247 allegedly spent as much as Rs 100 crore to poach five teachers from PhysicsWallah, another WestBridge Capital-backed company, to start a platform on YouTube called Sankalp.

PhysicsWallah founder Alakh Pandey tests positive for Covid

PhysicsWallah founder and CEO Alakh Pandey shared, 'I used to run a high temperature for about a week, later it progressed into a...'

WestBridge-backed edtech cos PhysicsWallah and Adda247 at loggerheads over aggressive poaching

Even as startups cut spending, edtech companies seem to be taking the poaching of teachers for online coaching centres to the next level.