Total amount raised
$312 Million
Latest funding date
9/1/2024
Location
Physics Wallah has successfully raised funding over four rounds, with the latest being a Secondary Market round. The company has attracted notable investors, including Think India Opportunities Master Fund LP and Lightspeed Venture Partners.
Physics Wallah's fundraising journey also includes strategic investments and acquisitions, such as the recent acquisition of Xylem Learning. Keep reading to explore the intricacies of Physics Wallah's fundraising journey and the investors backing this innovative platform.
What Is Physics Wallah?
Physics Wallah is an Indian online education platform that provides accessible and comprehensive learning experiences for students from classes 6 to 12 and those preparing for competitive exams like JEE and NEET. The platform offers a variety of courses, study materials, and resources, including NCERT solutions, sample papers, and previous year papers.
Founded in Noida, Uttar Pradesh, Physics Wallah operates in the e-learning and edtech industry. The company has grown significantly, boasting an employee count of over 10,001. It caters to over 3.5 million registered students and has a substantial presence on YouTube with over 78 lakh subscribers.
How Much Funding Has Physics Wallah Raised?
- Series A
- Amount Raised: $102,000,000
- Date: June 2022
- Lead Investors: GSV Ventures, WestBridge Capital
- Valuation at Round: $1.1 billion
- Motivation Behind the Round: To scale and grow the company's operations in the edtech sector.
- Series B
- Amount Raised: $210,000,000
- Date: September 2024
- Lead Investors: Hornbill Capital, Lightspeed Venture Partners, GSV Ventures, WestBridge Capital
- Valuation at Round: $2.8 billion
- Motivation Behind the Round: To scale operations, enter the K-12 formal education segment, enhance content offerings, and explore mergers with community-driven education platforms.
- Secondary Market
- Amount Raised: $35,000,000
- Date: September 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Secondary Market
- Amount Raised: $16,170,000
- Date: November 2025
- Lead Investors: Think India Opportunities Master Fund LP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
Total Amount Raised: $363,170,000. Current Valuation: $2.8 billion.
Key Investors
- Think India Opportunities Master Fund LP
- Details: Think India Opportunities Master Fund LP is a prominent investment fund focused on high-growth opportunities in India. The fund has been involved in various sectors, providing capital to companies with strong growth potential.
- Investment Focus Areas: High-growth companies, technology, education.
- Notable Investments: Not publicly disclosed.
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a global venture capital firm that invests in the enterprise, consumer, and health sectors. The firm is known for backing innovative and high-growth companies.
- Investment Focus Areas: Technology, consumer, enterprise.
- Notable Investments: Snap, Affirm, Grubhub.
- Hornbill Capital
- Details: Hornbill Capital is an investment management firm based in Dubai, founded by Manoj Thakur. The firm focuses on companies with strong vision and execution capabilities.
- Investment Focus Areas: AI, technology, education.
- Notable Investments: Not publicly disclosed.
- GSV Ventures
- Details: GSV Ventures is a venture capital firm that specializes in the global education technology sector. The firm aims to invest in companies that are transforming the education landscape.
- Investment Focus Areas: Education technology, innovative learning solutions.
- Notable Investments: Coursera, Chegg, ClassDojo.
- WestBridge Capital
- Details: WestBridge Capital is an investment firm that focuses on high-growth companies in India and South Asia. The firm is co-founded by Sandeep Singhal and has a strong track record in the region.
- Investment Focus Areas: High-growth companies, education, technology.
- Notable Investments: Byju's, Oyo Rooms, PolicyBazaar.
What's Next for Physics Wallah?
Physics Wallah stands at the cusp of significant growth opportunities, driven by the expansion into the K-12 education segment and the establishment of localized education centers. With a valuation of $2.8 billion and substantial financial backing, the company is well-positioned to capitalize on the increasing demand for affordable and accessible education in India.
Future fundraising efforts are likely to focus on supporting these ambitious expansion plans, including potential acquisitions to enhance content offerings and user base. However, the company must navigate challenges such as rising operational costs and intense competition in the edtech sector to maintain its growth trajectory.
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