We should stop calling coaching centres ed 'tech'. They don't build technology.

Product Manager

Physics Wallah is preparing for an IPO in 2025, lining up pitches from 10 investment bankers next week.  The edtech unicorn aims for a valuation above $2.8 billion, following its recent $210 millio...

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- Physics Wallah is preparing for an IPO in 2025, lining up pitches from 10 investment bankers next week.
- The edtech unicorn aims for a valuation above $2.8 billion, following its recent $210 million Series B funding.
- Sources indicate the startup is aggressively pursuing its listing plans, though no final decision has been made.
- If successful, Physics Wallah will be India's first edtech startup to go public.
- The IPO plans come amid a challenging period for the edtech sector, with many startups facing financial difficulties. 

 Source: [Inc42](https://inc42.com/buzz/ipo-on-the-cards-physics-wallah-seeks-investment-bankers-for-market-debut-in-2025/)

Physics Wallah Gears Up for 2025 IPO with Investment Banker Pitches

Journalist

Physics Wallah Gears Up for 2025 IPO with Investment Banker Pitches- Grapevine

- Ed-tech unicorn **PhysicsWallah** has shortlisted **Axis Capital, Kotak Mahindra Capital, Goldman Sachs, and JP Morgan** as advisors for its planned IPO in 2025.
- The company, valued at **$2.8bn** after a recent fund raise, aims to raise between **$400m-$500m** through the IPO.
- The deal is expected to be a mix of primary and secondary issue of shares, providing growth capital and exit windows for investors.
- There's industry buzz about a targeted valuation of **$4bn-$5bn**.
- If successful, PhysicsWallah could become **India's first ed tech firm** to debut on domestic bourses.

Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ed-tech-unicorn-physicswallah-shortlists-4-i-banks-for-around-400-mn-500-mn-ipo-in-2025-12838274.html)

PhysicsWallah Shortlists Banks for $400-$500M IPO in 2025

- Physics Wallah (PW) has secured $210 million in Series B funding led by Hornbill Capital, valuing the company at $2.8 billion.
- The funds will be used for geographical expansion, acquisitions, and enhancing content and publication offerings.
- PW aims to enter the K-12 formal education segment and explore mergers with community-driven education platforms.
- The startup, founded in 2020, became a unicorn in 2022 and has since made several acquisitions, including iNeuron and Knowledge Planet.
- PW's revenue is expected to jump over 50% in FY25, despite a net profit drop in FY23. 

 Source: [Inc42](https://inc42.com/buzz/physics-wallah-raises-210-mn-with-an-eye-on-acquisitions-valuation-doubles-to-2-8-bn/)

Physics Wallah Raises $210 Mn for Expansion and Acquisitions

- 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

Welcome to Indian Startups's Private Community

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

Program 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

Considering Edtech, Fintech, E-commerce is done

What is the next big thing in India?

Growth Manager

Edtech PhysicsWallah laysoff 120 employees.

PhysicsWallah lays off 120 employees.

Project Coordinator

physicswallah

Software Engineer

Welcome to Software Engineers's Private Community

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

PhysicsWallah Sde 3 frontend

Technical Lead

Welcome to Office Gossip's Private Community

Hello guys,

I am new here, looking for discussion about the startup Physics wallah, so far i dont see any.

If you work there, message me!

anyone at physics wallah

Any idea how is work culture at physics wallah

Physicswallah work culture

Business Development Manager

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?

- Avanse Financial Services, backed by Warburg Pincus and other marquee investors, has filed for an INR 3,500 Cr IPO with SEBI.
- The IPO includes a fresh issue of INR 1,000 Cr and an offer for sale of INR 2,500 Cr, contributing to over INR 1 Lakh Cr of expected IPOs this fiscal.
- Avanse, a leading NBFC in the education loan market, competes with major banks and other NBFCs, focusing on high-ticket overseas education loans.
- The company reported a PAT of INR 342.4 Cr in FY24, with a significant increase in operating revenue and interest income.
- Avanse aims to use the IPO proceeds to augment its capital base, leveraging its strong market position and investor support. 

 Source: DRHP Filings - https://www.sebi.gov.in/filings/public-issues/jun-2024/avanse-financial-services-limited_84390.html

Avanse Financial Services Files for INR 3,500 Cr IPO Amidst New-Age Tech IPO Boom

The new manager doesn't care about health , does back bitching, says mera kaam hona chaiye legit thekedaari style and I don't care , asks to work on weekends , takes all the credit , asks to come to office when most of the team is working remotely. 

It's a new Byjus in making !

PhysicsWallah Data Science toxic culture

Data Scientist

How is physics wallah to work with? I have 8+ years of exp in frontend dev

How is Physics Wallah to work with as a frontend dev

Are there even edtech start-up doing fine?

edtechs are shit?

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

Unacademy is up for sale!

I'm looking for a referral for physics wallah pls help Biryani on me if got the job 😄

Need physics wallah referral

What's the situation of edtechs in India? Any positive signs after BYJU's raised money?

Physics Wallah Gears Up for 2025 IPO with Investment Banker Pitches

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