Total amount raised
$312 Millions
Latest funding date
Location
Physics Wallah has successfully raised significant funding over multiple rounds, establishing itself as a prominent player in the edtech sector.
Keep reading to explore the intricacies of Physics Wallah's fundraising journey and the investors backing this innovative platform.
What Is Physics Wallah?
Physics Wallah, founded in 2014 by Alakh Pandey and Prateek Maheshwari, is an Indian online education platform headquartered in Noida, Uttar Pradesh.
The company offers live classes, video lectures, test series, and dynamic exercises for JEE, NEET entrance, and board exams, aiming to make quality education accessible and affordable for students across India.
With a workforce of over 10,001 employees, Physics Wallah continues to expand its reach and impact in the edtech sector.
How Much Funding Has Physics Wallah Raised?
- Series A
- Amount Raised: $102M
- Date: June 2022
- Lead Investors: GSV Ventures, WestBridge Capital
- Valuation at Round: $1.1 billion
- Motivation Behind the Round: To support the company's growth and expansion efforts.
- Series B
- Amount Raised: $175M
- Date: September 19, 2024
- Lead Investors: Hornbill Capital Advisers
- Valuation at Round: $2.8 billion
- Motivation Behind the Round: To scale operations, consolidate the education market, and pursue inorganic expansion.
- Secondary Market
- Amount Raised: $35M
- Date: September 20, 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the business and make acquisitions.
Total amount raised: $312M. Current valuation: $2.8 billion.
Key Investors
- Hornbill Capital Advisers
- Details: Hornbill Capital Advisers is a Dubai-based investment management firm founded by Manoj Thakur. The firm focuses on high-growth companies with strong execution and impact.
- Investment Focus Areas: Technology, AI, Education.
- Notable Investments: Not publicly disclosed.
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a global venture capital firm that invests in technology and innovation-driven companies. They have a strong track record of supporting startups through various growth stages.
- Investment Focus Areas: Technology, Consumer, Enterprise.
- Notable Investments: Snapchat, Affirm, MuleSoft.
- GSV Ventures
- Details: GSV Ventures is a venture capital firm that focuses on education technology and innovative learning platforms. They aim to support companies that are transforming the education sector.
- Investment Focus Areas: EdTech, Education, Learning Platforms.
- Notable Investments: Coursera, MasterClass, ClassDojo.
- WestBridge Capital
- Details: WestBridge Capital is a venture capital firm that invests in high-growth companies across various sectors. They have a strong presence in the Indian market and focus on long-term value creation.
- Investment Focus Areas: Education, Technology, Consumer.
- Notable Investments: Byju’s, Delhivery, Oyo Rooms.
What's Next for Physics Wallah?
Physics Wallah is poised to capitalize on several growth opportunities, including expanding into the K-12 education segment and increasing its offline presence through localized education centers. With a valuation of $2.8 billion and recent funding of $210 million, the company is well-positioned to scale operations and explore mergers with community-driven education platforms.
Future fundraising opportunities, such as a potential IPO, could further bolster its expansion plans. However, challenges like maintaining quality while scaling, navigating regulatory environments, and facing competition from other edtech firms remain. Despite these hurdles, Physics Wallah's focus on affordability and quality positions it for continued success in the evolving education landscape.
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