Heard it on Grapevine: https://share.gvine.app/FLFofby2s2y13tWi7

Software Developer

Founder

I could never understand what are they doing apart from making certain courses cheaper. What am I missing? I mean what is stopping them from becoming the next Byju’s ?

Software Engineer

Lightspeed Venture Partners has closed a $150-million funding round for Alakh Pandey's PhysicsWallah—a rare deal in India's edtech sector amid declining investor

Lightspeed Venture Partners has closed a $150-million funding round for Alakh Pandey's PhysicsWallah—a rare deal in India's edtech sector amid declining investor interest due to decreased demand for online learning.

The investors are now carrying out financial due diligence for the deal—which is largely expected to be a primary fund infusion

Physics Walla raises $150Mn

Physics Walla raises $150Mn- Grapevine

Welcome to News Discussion's Private Community

- PhysicsWallah is set to raise $150 million led by Hornbill Orchid, valuing the firm at $2.8 billion.
- This marks a 2.5x increase from its last valuation in 2022 when it raised $102 million at $1.1 billion.
- Hornbill Orchid will contribute $70-80 million, with Lightspeed Venture Partners also participating.
- Despite a 91% drop in profits in FY23, the company aims to hit Rs 2,400 crore in revenue for FY24.
- The ed-tech sector faces challenges, including funding slowdowns and corporate governance issues. 

 Source: [The Arc](https://thearcweb.com/article/physicswallah-alakh-pandey-hornbill-orchid-lightspeed-4EN35JlQnHYEDas1)

PhysicsWallah's Valuation Skyrockets to $2.8 Billion Amid New Funding

Journalist

Welcome to Indian Startups's Private Community

Considering Edtech, Fintech, E-commerce is done

What is the next big thing in India?

Growth Manager

India’s only profitable edtech start-up is trying to raise funds not because it needs the money, but to increase its valuation and for potential M&A deals.

Exclusive: PhysicsWallah in talks to raise around $250 million; eyes $3.3-bn valuation

Physicswallah seems to be doing really well

Product Marketing Manager

Edtech PhysicsWallah laysoff 120 employees.

PhysicsWallah lays off 120 employees.

Project Coordinator

physicswallah

Zombie startups - Startups that have messed it up already. They are alive but just biting their time. Doom is inevitable for these startups in a few months

I will name a few

Sharechat
Khatabook
Apna
Zepto
Dealshare
Frontrow
Udaan

Please name more. It will help our brothers and sisters to avoid these startups as employers

What are zombie startups in India right now?

Alakh Pandey bagged 9.6 crore in FY22. Fair game?

Data scientist

Check out this for more context: https://themorningcontext.com/internet/unacademy-is-up-for-sale-merger-or-bailout

Unacademy is up for sale!

Any idea how is work culture at physics wallah

Physicswallah work culture

Business Development Manager

Welcome to Software Engineers's Private Community

How is Physics wallah to work with ?
Just like any other edtech shit or somewhat better ?

Physics Walla raises $150Mn

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