Physics Wallah Raises USD 210 Mn in Series B, Boosting Valuation to USD 2.8 Bn
Physics Wallah (PW), the Noida-based edtech platform, has raised USD 210 million in its Series B funding round, led by Hornbill Capital. The round also saw participation from existing investors Lightspeed Venture Partners, GSV Ventures, and WestBridge Capital.
PhysicsWallah Raises USD 210 Million, Valuation Soars to USD 2.8 Billion
PhysicsWallah, an Indian edtech unicorn, secures USD 210 million in funding led by Hornbill Capital, boosting its valuation to USD 2.8 billion. The company plans to utilize the funds for strategic expansion and market consolidation.
India's Physics Wallah raises $210 million, more than doubling valuation to $2.8 billion
Physics Wallah has raised $210 million, more than doubling its estimated worth to $2.8 billion, the Indian education technology platform said on Friday, at a time when the rest of the industry has been struggling to mobilise capital.
India’s Physics Wallah raises $210M at $2.8B valuation even as edtech funding remains scarce
An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country. © 2024 TechCrunch. All rights reserved. For personal use only.
EdTech revival? PhysicsWallah raises $210 million, catapulting the firm’s valuation to $2.8 billion
PhysicsWallah secures $210 million in funding, boosting its valuation to $2.8 billion amid challenges in the Indian edtech sector.
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