By Sheetal Kumari | March 3, 2025
MC Markets | October 30
The edtech giant Physicswallah is gearing up for a much-anticipated IPO that could raise Rs 3,820 crore, according to Bloomberg.
Backed by WestBridge Capital LLP and Hornbill Capital Partners, Physicswallah has reportedly met potential investors ahead of a likely IPO launch in the coming weeks.
The IPO could include a fresh issue of Rs 3,100 crore and a secondary sale of about Rs 720 crore by co-founders Alakh Pandey and Prateek Boob, per the draft prospectus.
Founded by Alakh Pandey in 2016, Physicswallah began as a YouTube channel and grew into a full-fledged edtech platform offering affordable courses for high school and test prep students.
Founders Pandey and Boob each hold 40.35%, while investors WestBridge and Hornbill own 6.41% and 4.42%, respectively.
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