Edtech startup Physics Wallah is planning to hit the market with an initial public offering (IPO) in the Year 2025. The company aims to raise $500 million at a valuation of $5 billion. If successful, Physics Wallah will become the first pure-play edtech company to debut on the stock exchange.
What is Physics Wallah
Physics Wallah was founded in 2016 by Alakh Pandey and Prateek Maheshwari as a YouTube channel to teach physics for the Joint Entrance Examinations (JEE). In 2020, the company created the Physics Wallah app to provide access to courses for the National Eligibility cum Entrance Test (NEET) and Joint Entrance Exam (JEE).
Physics Wallah is the online alias of Alakh Pandey, an Indian educator and YouTuber known for his engaging teaching style and effective explanations of physics concepts. He gained significant popularity through his YouTube channel, where he provides free lectures and tutorials primarily aimed at students preparing for competitive exams like the IIT-JEE and NEET.
Physics Wallah IPO Key Points
- The company aims to launch a $500 million IPO at a valuation of $5 billion.
- If successful, Physics Wallah will become the first pure-play edtech company to list on the stock exchange.
- The company has partnered with leading investment banks such as Axis Capital, Mahindra Capital, Goldman Sachs, and JPMorgan.
- The company closed a $210 million Series B funding round in September at a valuation of $2.8 billion.
- The official name of the company is now Physics Wallah Limited.
- The company aims to double its valuation to $5 billion in less than a year.
Market Expectations
The performance of the edtech sector in the stock market has been a mixed bag globally, with some companies struggling to meet investor expectations. However, Physicswalla’s comparatively lean operational model and strong brand equity could make it an attractive proposition for investors. The company’s focus on underserved markets and its ability to maintain a low cost structure are likely to be key differentiators.
If successful, the IPO could set a benchmark for other edtech startups considering public listings. It could also help restore confidence in the sector, which has faced a backlash in recent months due to reports of financial mismanagement and a drop in valuations among other companies.
Conclusion
Physicswalla’s journey from a small YouTube channel to a potential market leader in the edtech space is a testament to the transformative power of technology and innovation. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
