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Before every major exam season, a familiar ritual played out across millions of Indian homes. Phones were propped against textbooks, earphones slipped in, and anxious students searched for one name on YouTube. They were not looking for entertainment. They were looking for clarity. Because when this teacher explained physics, something unusual happened: the confusion lifted….
Success stories in India’s edtech sector tends to follow a familiar script: rapid growth, aggressive funding, and, often, an equally sharp correction. But every once in a while, a different kind of story emerges. One that does not begin with capital, but with a classroom. Alakh Pandey’s journey with PhysicsWallah sits somewhere in that space,…
Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs…
PhysicsWallah made a strong entry into the stock market on Tuesday, with its shares rising sharply above the issue price and prompting immediate debate among investors over whether to buy, sell or hold. As per ET, the stock opened at Rs 145 on the NSE, about 33 per cent higher than its IPO price of…
The initial public offering (IPO) of edtech unicorn PhysicsWallah drew a muted response on the second day of bidding, with only 10% subscription recorded so far. The Rs 3,480-crore IPO, which opened earlier this week, will close for bidding on November 13.According to data available on the National Stock Exchange (NSE) till 11:30 am on…
