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The indian edtech startup ended its first day as a public company on a high, with its shares closing 44% higher than they were listed for, indicating that the country's edtech sector may still. The education technology company, physics wallah (pw), has raised $210 million at the close of series b funding round, the company said on friday. Edtech startup physics wallah closed up 44% in its indian ipo, giving it a ~$5b market cap
It was last valued at $2.8b in 2024 when it raised a $210m series b more The funding round was led by hornbill capital, with participation from lightspeed venture partners and existing investors gsv ventures and westbridge capital. Reuters and tech in asia more
Indian edtech firm physicswallah makes trading debut at 33% premium after $393 million ipo
It was last valued at $2.8b in 2024 when it raised a $210m series b published about 6 hours ago Physicswallah made a strong stock market debut on november 18, listing at a 33% premium over its ipo price The edtech firm’s shares opened at ₹145 on nse, rewarding investors with solid listing gains. Edtech unicorn physicswallah (pw) has successfully closed its series b funding round, raising $210 million through a combination of primary and secondary transactions
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