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