PhysicsWallah set to raise $150 Mn at $2.8 Bn valuation
09 July 2024
While the edtech space has been going through a long spell of the so-called ‘funding winter’, PhysicsWallah (PW) appears close to raising a new large round. Fresh funding will be led by new investors whereas existing investors including Westbridge and GSV Ventures will also participate.
PhysicsWallah is set to raise $150 million from new and existing backers. This will be the second financing round for the Alakh Pandey-led firm in the past two years. PhysicWallah raised $100 million in a Series A round led by Westbridge and GSV Ventures in June 2022.
PhysicsWallah will be valued at around $2.8 billion in the new round.
While the edtech space has been going through a long spell of the so-called ‘funding winter’, PhysicsWallah (PW) appears close to raising a new large round. Fresh funding will be led by new investors whereas existing investors including Westbridge and GSV Ventures will also participate.
PhysicsWallah is set to raise $150 million from new and existing backers. This will be the second financing round for the Alakh Pandey-led firm in the past two years. PhysicWallah raised $100 million in a Series A round led by Westbridge and GSV Ventures in June 2022.
PhysicsWallah will be valued at around $2.8 billion in the new round.
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