2020
Noida (India)
Series B
Physics Wallah (PW) is a leading Indian educational technology (edtech) company, renowned for democratizing access to high-quality, affordable learning resources for students across the country. The company has rapidly evolved from a single-subject YouTube initiative into a comprehensive hybrid edtech platform, serving students from Class 6 to postgraduate level, with a particular focus on competitive exam preparation such as JEE, NEET, CUET, and state board exams.
Online Courses: Live and recorded video lectures for JEE, NEET, CUET, board exams, and other competitive tests.
Study Material: Printed and digital notes, e-books, practice questions, and comprehensive test series.
Doubt-Solving: Personalized doubt-clearing sessions and mentorship, both online and offline.
Hybrid & Offline Centers: PW Vidyapeeths and Pathshalas for in-person coaching, creating a blended learning ecosystem.
NCERT Solutions & Formulae: Extensive resources for school and competitive exam preparation.
Skilling & Higher Education: Career-oriented programs, job-ready courses, and study abroad services.
Freemium Model: Offers free basic content to attract users, then monetizes premium courses and features.
Paid Online Courses: Revenue from live/recorded classes for exams like JEE, NEET, CUET, etc.
Study Materials & Test Series: Sells printed/digital notes, practice papers, and mock tests.
Offline Coaching Centers: Tuition fees from in-person classroom programs (PW Vidyapeeths/Pathshalas).
Subscriptions: Affordable plans for premium content and advanced features.
Advertising & Partnerships: Earnings from YouTube ads, sponsorships, and collaborations.
Other Services: Income from merchandise, devices, and hostel facilities for students.
Economizers: Budget-conscious students seeking value and affordability.
High-Aimers: Competitive exam aspirants aiming for top ranks and elite institutions.
Autodidacts: Self-driven learners preferring flexible, on-demand content.
Institutional Clients: Schools and colleges through B2B partnerships for integrated learning solutions.
Market Expansion: Aggressively expanding offline centers and exploring international opportunities.
Product Innovation: Launching new courses, integrating AI-driven personalization, and developing mobile-friendly platforms.
Strategic Partnerships: Collaborating with schools, colleges, and technology partners to broaden reach and enhance offerings.
Vernacular Push: Deepening regional language offerings to capture the bottom 80% of the student pyramid.
IPO & Capitalization: Leveraging public markets for future growth and scaling operations.
Physics Wallah has redefined the Indian edtech landscape by making quality education accessible and affordable for millions. Its robust D2C freemium model, rapid offline expansion, and focus on inclusivity through vernacular content have fueled its meteoric rise. With a strong growth trajectory, innovative product development, and upcoming IPO, Physics Wallah remains a compelling investment and research opportunity for stakeholders in the global education sector.
$312 Million
2
$210.0 Million, Series B
as of September 20, 2024
$3.7 Billion
as of February 11, 2025
11.86×
as of February 11, 2025
WestBridge Capital
and 7 more23541
Bitoodle
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
September 20, 2024 | Series B | $210.0 Million | - | - | - | GSV Ventures, WestBridge Capital, Lightspeed Venture Partners ,Hornbill Capital, Setu Aif Trust |
June 7, 2022 | Series A | $102.0 Million | $1.1 Billion | - | - | WestBridge Capital, GSV Ventures, MMPL Trust, Konark Trust |