PhysicsWallah’s Growth Gambit Hits Profits
From Profit to Loss
PhysicsWallah saw profits plunge by 91% just two years after raising $100 Mn in 2022
Aggressive Expansion
PW invested heavily in acquisitions and new ventures, leading to a significant dip in profits.
Missed Revenue Targets
Despite high hopes, PW's revenue fell short, ending FY24 with INR 1,800 Cr instead of the expected INR 2,000 Cr.
New Products, Big Risks
The company launched numerous products, including offline learning centres and tech skilling programmes.
Funding Discussions
PW is now in talks to raise $150 Mn to support its extensive expansion plans and recover losses.
Market Competition
PW is aiming to outpace rivals like BYJU’S and Unacademy by focusing on offline learning growth.
Balancing Growth and Sustainability
With a broad product range, PW’s success will depend on managing its investments and ensuring sustainable growth
PhysicsWallah’s Product Gamble Continues
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