PhysicsWallah Becomes India’s 101st Unicorn, Raises $100 Mn

PhysicsWallah Becomes India’s 101st Unicorn, Raises $100 Mn

SUMMARY

PhysicsWallah’s post-money valuation reached $1.1 Bn following the completion of the transaction

It plans to use the incoming funds to expand its geographical reach, grow the business, enhance branding and introduce more courses

India’s seventh edtech unicorn said that more than 10,000 students that studied with it have cracked NEET and JEE in 2020 and 2021

Noida-based edtech platform PhysicsWallah, also known as PW, has become India’s 101st unicorn, and the first unicorn in almost a month as it raised $100 Mn in a Series A funding round from Westbridge and GSV Ventures. The startup’s post-money valuation reached $1.1 Bn following the completion of the transaction.

The edtech player has said that it plans to deploy the incoming funds for business expansion, branding, introducing more courses and opening more learning centres across India.

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