Physics Wallah Raises $210 Mn for Expansion and Acquisitions
- 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]()
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Indian Startups on
by Kendall Lee
Amazon
Physicswallah seems to be doing really well
Indiaโs only profitable edtech start-up is trying to raise funds not because it needs the money, but to increase its valuation and for poten...
https://www.moneycontrol.com/news/business/exclusive-physicswallah-in-talks-to-raise-eyes-3-3-bn-valuation-10294821.html
News Discussion on
by Jordon Olive
Flipkart
Wow. $8.5Mn at Seed, that is some raise. Ex CMO of Unacademy started their gaming studio.
LightFury Games, a gaming startup launched by Karan Shroff, plans to utilise the new capital to develop AAA games in India and will initiall...
https://economictimes.indiatimes.com/tech/funding/lightfury-games-secures-8-5-million-funding-from-blume-ventures-others/articleshow/109351887.cms?from=mdr