Physics Wallah

Physics Wallah enjoys a rosy IPO day, bucking the broader slowdown in Indian edtech

Startups /

Indian edtech startup Physics Wallah ended its first day as a public company on a high, with its shares closing 44% higher than they were listed for, indicating that the country’s edtech sector may still recover after years of gloom. Priced at ₹109, the company’s shares climbed as high as ₹161.99 before closing at ₹156.49, […]

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India’s Physics Wallah raises $210M at $2.8B valuation even as edtech funding remains scarce

Startups /

Physics Wallah, an Indian edtech startup, has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the biggest company in the space. Physics Wallah said on Friday the Series B round was led by Hornbill Capital, with Lightspeed Ventures Partners “significantly”

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