Physics Wallah
Edtech startup Physics Wallah enters unicorn club
Bengaluru: Edtech company Physics Wallah is the latest online education venture to enter the unicorn club after it raised $100 million in its first ever funding round led by WestBridge Capital and GSV Ventures, media reports said.
Post the funding, the company is valued at $1.1 billion. Unicorns are startups that are valued at $1 billion or more.
Other edtech companies that have earned the unicorn status are Byju's, Vedantu, Unacademy, Eruditus, UpGrad among others.
The company plans to use the fund for expansion, including branding, opening more offline learning centres and introducing more courses.
Physics Wallah also plans to offer course content in vernacular languages Bengali, Tamil, Telugu, Marathi, Gujarati, Malayalam, Odia and Kannada.
The startup plans to penetrate the regional markets and connect with 250 million students by 2025, the company said.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
