PhysicsWallah To Invest $10 Mn In Offline Vertical Vidyapeeth

PhysicsWallah To Invest $10 Mn In Offline Vertical Vidyapeeth

SUMMARY

The edtech platform will invest $5 Mn in phase-1 to set up infrastructure for its school-integrated course

Another $5 Mn will be deployed towards creating content, development of pedagogy and academic upgradation of schools

The Vidyapeeth model essentially combines coaching for CBSE exams with other competitive tests such as NEET and JEE in regular classroom instructions

Edtech unicorn PhysicsWallah reportedly plans to invest $10 Mn (INR 82 Cr) in multiple tranches in its offline coaching vertical Vidyapeeth School. 

PhysicsWallah (PW) Vice President Imran Rashid told news agency PTI that the edtech player will invest $5 Mn in the first phase to set up infrastructure for its school-integrated course. Afterwards, the remaining $5 Mn will be deployed towards creating content, development of pedagogy and academic upgradation of schools. 

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