In August, when we last looked at PhysicsWallah’s product strategy, we said the company is the only game in town for edtech investors. And now the Gurugram-based startup is looking to capitalise on this with an IPO.
In fact, sources close to PhysicsWallah, or PW, investors have revealed that the company has been preparing for an IPO for several months now and that the $210 Mn fundraise earlier this year was pretty much a pre-IPO round.
After the trials and tribulations for the edtech sector from 2022 all the way through 2024, PhysicsWallah
is the lone bright spot, with the competition either struggling with slow growth and losses (Vedantu and Unacademy) even after several years of operations, or dealing with existential crises (like BYJU’S).
And now, it’s looking to press home this advantage with an…
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