24 September 2024
Physics Wallah is not only gearing to expand but also acquire. The company, which presently has a workforce that is about 15,000 strong, plans to take on 1,000 new hires for various functions, including marketing, sales, technology and business development. According to media reports, the edtech firm wants to merge with publishing houses and other organisations dealing with content in southern India. As per a Tol report, the edtech unicorn has raised $210 million in a recent funding round, the largest the company has witnessed. Hornbill Capital led the round and saw participation by Lightspeed Venture Partners, GSV and WestBridge Capital. The company is now valued at $2.8 billion.
Physics Wallah is not only gearing to expand but also acquire. The company, which presently has a workforce that is about 15,000 strong, plans to take on 1,000 new hires for various functions, including marketing, sales, technology and business development. According to media reports, the edtech firm wants to merge with publishing houses and other organisations dealing with content in southern India. As per a Tol report, the edtech unicorn has raised $210 million in a recent funding round, the largest the company has witnessed. Hornbill Capital led the round and saw participation by Lightspeed Venture Partners, GSV and WestBridge Capital. The company is now valued at $2.8 billion.
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