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Physics Wallah Secures $210 Million in Series B Funding

Physics Wallah, the Noida-based edtech platform, has successfully secured $210 million in its Series B funding round, led by Hornbill Capital. This latest investment brings the company's post-money valuation to a remarkable $2.8 billion, marking a significant 2.5X increase from its previous valuation during its Series A round. The round saw participation from existing investors Lightspeed Venture Partners, GSV Ventures, and WestBridge Capital.

• This significant funding boost signifies a major milestone for Physics Wallah, solidifying its position as a leading player in India's rapidly growing edtech landscape.

Expansion Plans for Physics Wallah in India

Physics Wallah's bold vision for the future includes ambitious plans to leverage this fresh funding to scale its operations across India. This expansion will involve both organic and inorganic growth strategies.

• Physics Wallah will focus on expanding its reach into the K-12 segment, offering high-quality educational content and resources for students in this crucial stage of their learning journey.
• The company intends to enhance its existing content offerings, providing learners with more comprehensive and engaging learning experiences through its edtech platform.
• Physics Wallah will explore potential mergers with community-driven education platforms, fostering a more collaborative and inclusive approach to education in India.

Physics Wallah's Impact on India's Education Landscape

Physics Wallah's journey began in 2014 as a YouTube channel providing free educational content, focusing primarily on JEE and NEET preparation. Over time, the platform has expanded its reach significantly, offering a wide range of online and offline courses and study materials tailored to meet the needs of students across India.

• The company's commitment to accessibility is evident in its YouTube channels, which are available in five vernacular languages, making education more accessible to a wider audience across India.
• Physics Wallah's app has been downloaded over 30 million times, with 5.5 million students enrolled in its paid courses, demonstrating the significant impact the platform has had on students in India.

Physics Wallah's Funding History and Growth

Physics Wallah has raised a total of approximately $312 million through various funding rounds. This funding has been instrumental in driving the company's growth and expansion across India. The company's founders retain a significant stake, while investors WestBridge Capital and GSV Ventures hold a notable percentage of shares.

• Physics Wallah's reach extends to 18,808 pin codes across India, highlighting its commitment to making quality education accessible to students in diverse regions of the country.
• The company employs 15,000 people, demonstrating its commitment to creating job opportunities and contributing to India's economic development.

Physics Wallah's Vision for the Future of Education in India

Physics Wallah's founder and CEO, Alakh Pandey, emphasizes the company's mission to democratize education in India. He sees this latest funding as a testament to the platform's impact in making quality education accessible to students across the country.

• Physics Wallah's commitment to providing affordable and accessible education in India positions it as a key player in driving positive change in the education sector.

Physics Wallah's Focus on NEET and JEE Preparation in India

Physics Wallah specializes in providing online and offline courses, as well as study materials, tailored for JEE, NEET, and other engineering entrance exams, in addition to state board exams. The company has also expanded into skilling, higher education, and study abroad programs.

• Physics Wallah's commitment to providing comprehensive educational resources for NEET and JEE preparation has made it a popular choice for students across India.
• The platform's comprehensive approach to education includes specialized courses, practice tests, and personalized guidance, empowering students to achieve their academic goals.

Physics Wallah's Institute of Innovation (IOI) in India

Physics Wallah operates the Institute of Innovation (IOI), which offers 4-year residential programs that prioritize job readiness. This initiative reflects the company's commitment to equipping students with the skills and knowledge they need to succeed in the evolving job market.

• IOI's focus on practical skills and industry-relevant training aligns with the growing demand for a skilled workforce in India.
• This initiative highlights Physics Wallah's commitment to not only academic excellence but also to preparing students for the real world.