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
Heard it on Grapevine: https://share.gvine.app/FLFofby2s2y13tWi7
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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 ?
We are so back 🤪
Physicswalla ❌ Paisawala✅
clear from the end and go back
Sick move, ahead of time
Smart
