PhysicsWallah is an education-technology company that provides affordable, technology-driven online courses and study materials for students preparing for competitive examinations. The platform has scaled rapidly and attained unicorn status, though user and revenue figures were not disclosed in the article. The company is set to launch a Rs 3,480-crore initial public offering on 11 November, priced at Rs 103–109 per share and targeting a valuation above Rs 31,500 crore. The IPO will comprise a Rs 3,100-crore fresh issue designated for expansion and growth initiatives plus a Rs 380-crore offer for sale by co-founders Alakh Pandey and Prateek Boob. Following the listing, the promoters’ combined stake will decline from 80.62 % to about 72 %, while early institutional backers will not divest. Ahead of the float, the company enabled a secondary share sale to Think Investments, signaling fresh outside confidence in its prospects.

Total raised

$225M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2025