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Indian edtech firm Physics Wallah has confidentially filed draft papers for an initial public offering (IPO) aiming to raise approximately $500 million, equivalent to ₹4,600 crore. The Noida-based startup, which was valued at $2.8 billion in September 2024, seeks to achieve a premium over this valuation. The pre-filing documents have been submitted to the Securities and Exchange Board of India (Sebi) following approval from the company's board. This move highlights the ongoing growth and interest in the Indian edtech sector, which has seen significant investment and expansion in recent years.
VIDEO | Test preparatory firm Aakash Educational Services has now made a full-fledged foray into online classes with an outlay of Rs 250 crore for the development of its digital platform "Aakash Digital", a senior official of the company said on Wednesday. While announcing the https://t.co/CQtmhWhgDk
Aakash launches new platform Aakash Digital to strengthen online footprint, aims to establish 50 studios for teachers to facilitate online learning. @UdishaSrivastav #Aakash #AESL #Education #AakashDigital https://t.co/0d8Agzwr5W
Physics Wallah has filed confidential draft papers for its IPO, aiming to raise around $500 million—at a significant premium over its $2.8 billion valuation from September last year. @theSethu reports: https://t.co/gwGwyuRd3t https://t.co/voI3xDwsCG
