Physics Wallah Raises $210 Mn for Expansion and Acquisitions

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 no...

• 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 contr...

• 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 indicat...

• 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 ra...