PHYSICSWALLAH LIMITED

PRE-IPO

Edutech

PhysicsWallah Limited, an initiative of Alakh Pandey and subsequently supported by Prateek Maheshwari, started as a YouTube platform in 2016 that sought to offer low-cost education for competitive examinations such as JEE, NEET, and CBSE. It became a full-fledged ed-tech firm in 2020 and strongly expanded its online and offline footprint. Based in Noida, it currently has over 180 learning centres spread over 100+ cities and reaches students in almost every Indian pin code. With over 10 million paid subscribers and over 100 YouTube channels across various languages, PhysicsWallah has enabled quality education at affordable prices, usually under ₹4,000 per course. The firm turned unicorn in 2022 and, as of 2024, has a valuation of $2.8 billion after raising $210 million in Series B financing. It has ventured into skilling, study-abroad, and higher education verticals and has made acquisitions in platforms such as iNeuron and FreeCo. In 2025, it converted to a public limited company to ready itself for an IPO. It reported strong revenue growth in FY24 (₹1,940 crore), but also a larger loss of ₹1,131 crore, indicating aggressive investments in growth.


Key Highlights

1. Online Courses & Test Prep PhysicsWallah provides systematic online courses for all major competitive exams, including: JEE (Main & Advanced) – Entrance exams for engineering NEET – Medical entrance exam CUET, NDA, UPSC, SSC, Banking, Railways – University and government job entrance exams Board Exams (CBSE & State Boards) – Syllabus coverage for Class 9 to 12 These are provided through: PW App YouTube Channels PW Website 2. Offline & Hybrid Learning Centers PW Vidyapeeth: Complete offline coaching centers in big cities. PW Pathshala: Blended model of online material + local classroom guidance. Operates in 100+ Indian cities. 3. Live & Recorded Video Lectures Cost-effective video classes (live + recorded) by subject matter experts Facilities like doubt-clearing, quizzes, and concept solidification Courses are offered in Hindi, English, and local languages 4. Mock Tests & Study Materials Full syllabus mock tests, chapter tests, and test series Printed & digital study aids, books, and formula sheets PYQs (previous year questions) and revision modules 5. PW Skills Independent platform for: Tech skilling (data science, web development, machine learning, etc. courses) Job-oriented training programs with placement assistance Collaborations with companies for internships & job placement 6. PW Study Abroad Services for students to study in the UK, US, Canada, and Europe Test preparation for IELTS, TOEFL, GR Visa advice and application assistance 7. PW Books Publishes its own titles for JEE, NEET, and other examinations Available online and at PW Pathshala centers Comprises NCERT-based and target-exam content

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