Maiden fundraise to help edutech startup Physics Wallah become unicorn
Physics Wallah (PW) is in talks to raise funds with Westbridge and GSV Ventures. The funding is expected to help the startup become a unicorn. According to two persons familiar with the facts of the proposed transaction, Physics Wallah is in late-stage talks to seek capital with Westbridge and GSV Ventures. PW provides JEE, NEET, and other engineering entrance exam classes and study materials both online and offline. While the platform and its app have gained a lot of attention in the last two years, it has suddenly turned out to be a hot option for investors. "The conversations with Westbridge and GSV Ventures have been going on for a few of months, and the two investors, along with a few others, are expected to put in $100 million in Physics Wallah," said one of the persons who asked to remain anonymous since the talks are confidential. PW (Physics Wallah), founded in 2016 by Alakh Pandey and later joined by Prateek Maheshwari, has been a pure-play bo...