Summary of Indian ed-tech startup Physics Wallah bags $2.8 billion valuation amid sector troubles
Summary of Indian ed-tech startup Physics Wallah bags $2.8 billion valuation amid sector troubles
Physics Wallah, an Indian education technology startup, has raised $210 million in funding, led by Hornbill Capital, and involving Lightspeed Venture Partners, GSV and WestBridge. The company, founded in 2020, offers free and paid-for courses for various competitive examinations in India. The funding will be used to expand the business, including through acquisitions, amid troubles in the sector.
quoting nevent1q…rh66Indian ed-tech startup Physics Wallah bags $2.8 billion valuation amid sector troubles
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Physics Wallah CEO Alakh Pandey said the company would use the $210 million funding to expand its business and do acquisitions.
https://www.cnbc.com/2024/09/20/indian-ed-tech-startup-physics-wallah-bags-2point8-billion-valuation-with-funding.html
Physics Wallah, an Indian education technology startup, has raised $210 million in funding, led by Hornbill Capital, and involving Lightspeed Venture Partners, GSV and WestBridge. The company, founded in 2020, offers free and paid-for courses for various competitive examinations in India. The funding will be used to expand the business, including through acquisitions, amid troubles in the sector.