CosmicTaco

Physics Wallah Raises $210 Mn for Expansion and Acquisitions

CosmicTaco · 2024-09-20T14:30:20.518155+05:30

- 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 (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

5mo ago

SparklyNoodle

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What these guys are doing right that other ed tech don't ???

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