Edtech startup PhysicsWallah becomes India’s 101st unicorn Raises $100 Million 2022

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After the acquisition was completed, the post-money valuation of PhysicsWallah was $1.1 billion. The money will be used to increase the company’s geographic reach, grow the business, improve the brand, and add new courses. More than 10,000 students who studied with India’s sixth edtech unicorn have passed NEET and JEE in 2020 and 2021, according to him.

PhysicsWallah, commonly known as PW, a Noida-based edtech platform, has secured $100 million in a Series A fundraising round from Westbridge and GSV Ventures, making it India’s 101st unicorn and the first unicorn in over a month. Following the purchase, the startup’s post-money valuation hit $1.1 billion. The edtech company has stated that it would use the capital to expand its business, and the market itself, provide new courses and create additional learning centers across India.

After raising USD 100 million in Series A investment from WestBridge Capital and GSV Ventures, the company was valued at USD 1.1 billion.

The cash will be used by the Noida-based firm for business development, branding, the opening of more learning centers, and the introduction of new courses. “This newest development will assist us in furthering our goal and implementing new initiatives to enhance students’ experiences, allowing them to attain new professional heights.” “Every dollar invested in PW is for the better welfare of learners,” said Alakh Pandey, the company’s founder and chief executive officer. PW has 5.2 million Google Play downloads, a 4.7 rating, and 6.9 million YouTube followers.

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