PhysicsWallah’s Product Gamble

SUMMARY

PhysicsWallah is potentially staring at the same problem that has befuddled edtech startups so far — i.e. how to get to sustainable growth while adding new products and verticals

In June 2022, PhysicsWallah or PW emerged out of nowhere to become the 101st unicorn startup from India with its very first external round. Since then PW’s growing significance in India’s edtech ecosystem has coincided with the fall of edtech incumbents.

Much of this has come due to the company relying on its profits thus far. But now with its profits shrinking due to investments to expand into new products and markets, the edtech startup is on the same page as its rivals, including Unacademy, BYJU’S and Vedantu.

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