Edtech startup PhysicsWallah has raised $100 million in Series A VC funding from Westbridge and GSV Ventures.
PhysicsWallah said it will utilize the VC funding for business expansion, branding, opening more learning centres, and introducing more course offerings.
PhysicsWallah is founded in 2016 by YouTube STEM educator Alakh Pandey and later joined by tech executive Prateek Maheshwari. PhysicsWallah offers online and offline courses and study materials for JEE, NEET and other engineering entrance and state board exams. The platform offers live classes, video lectures, test series and dynamic exercises for the aforementioned exams.
The education technology platform currently has 5.2 million Play Store downloads with a 4.7 rating and 6.9 million subscribers on YouTube.
PhysicsWallah currently has 1900 employees, including 500 teachers and 90-100 tech experts. It also has 200 associate professors available to answer student queries and another 200 professionals to create exam questions and term papers.
PhysicsWallah is planning open 20 offline coaching classrooms across India. PhysicsWallah has more than 20 centers across 18 cities with more than 10,000 students enrolled for 2022-2023 session.