Physics Wallah's IPO Soars, Edtech Sector Rebounds
Update: 2025-11-18
Description
Physics Wallah, an Indian edtech company, had a successful stock market debut, with shares closing 44% higher than the initial price, valuing the company at approximately $5 billion. This marks a significant recovery for the edtech sector, which has faced challenges such as layoffs and funding droughts. Physics Wallah, starting as a YouTube channel in 2016, now offers test preparation and upskilling courses through various platforms. The company plans to use IPO funds for expansion, technology enhancement, and potential acquisitions.
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