Physics Wallah has raised $210 million, more than doubling its estimated worth to $2.8 billion, the Indian education technology platform said on Friday, at a time when the rest of the industry has ...

The expectation that Physics Wallah's public listing in 2025 will potentially pave the way for significant liquidity next year has spurred a renewed interest in the Indian market.

The round values Physics Wallah at $2.8 billion, a substantial increase from the previous $1.1 billion valuation it scored in June 2022. The startup has raised over $310 million to date.

Indian education technology startup Physics Wallah announced on Friday that it had raised $210 million as it looks to expand its business, in part via acquisitions, amid troubles in the sector.

The Physics Wallah produces 9,500 hours of educational content every week with a student base across 18,808 pin codes, accounting for almost 98% of pin codes in India, the Edtech claimed.

It had invested about $90 million in over 10 Indian startups, including Physics Wallah, Classplus, Lead and AdmitKard, till February 2023, Mint reported earlier.

Indian education technology startup Physics Wallah announced on Friday that it had raised $210 million as it looks to expand its business, in part via acquisitions, amid troubles in the sector.