Indian ed-tech startup Physics Wallah bags $2.8 billion valuation amid sector troubles
Physics Wallah CEO Alakh Pandey said the company would use the $210 million funding to expand its business and do acquisitions.
India's Physics Wallah raises $210 million, more than doubling valuation to $2.8 billion
Physics Wallah has raised $210 million, more than doubling its estimated worth to $2.8 billion, the Indian education technology platform said on Friday, at a time when the rest of the industry has been struggling to mobilise capital.
India’s Physics Wallah raises $210M at $2.8B valuation even as edtech funding remains scarce
An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country. © 2024 TechCrunch. All rights reserved. For personal use only.
Edtech major Physics Wallah raises $210 million to hire talent, companies
BENGALURU: Edtech unicorn Physics Wallah on Friday announced the closure of its largest funding round, raising $210 million. India-focused hedge fund Hornbill Capital led the round, with participation from venture capital funds Lightspeed Venture Partners,
Ed-tech startup Physics Wallah raises $210 million in series B, valuation surges 2.5x - Details
India's leading EdTech platform, has raised $210 million in its Series B funding round, taking its valuation to $2.8 billion. Led by Hornbill Capital and Lightspeed Venture Partners, the investment will drive PW’s expansion across education segments and enhance its technological capabilities.
Physics Wallah Raises USD 210 Mn in Series B, Boosting Valuation to USD 2.8 Bn
With this fresh round of funding, Physics Wallah plans to aggressively scale its operations. It also aims for inorganic expansion, entry into the K-12 segment, enhanced content offerings, and potential mergers with community-driven education platforms.
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