Physics Wallah carries the baggage of the industry it’s meant to redeem
Aggressive accounting, failed acquisitions and soaring customer acquisition costs lurk beneath India’s first edtech IPO.
September 14, 2025•14 min
1
September 14, 2025•14 min
1
More in Internet
Internet
Bhavish Aggarwal’s raise-and-repeat playbook
Aggarwal’s floundering venture is back in the market for funds, barely months after a hefty debt raise. Time for Ola Electric’s board to finally stir from its sleep.
You may also like
Internet
Seekho and the parable of how entertainment consumed edtech
The investment signals a shift from structured learning to bite-sized, bingeable learning that mixes entertainment with education. But can it deliver real-world skills?
Internet
Gaurav Munjal to finally exit Unacademy
In the making for many months now, the final outcome at the edtech startup is an instructive episode for both founders and venture investors on when they must let go.
Internet
In Physics Wallah’s IPO, YouTube’s the star
Alakh Pandey and Prateek Maheshwari’s edtech startup will be a first-of-its-kind story from India of a YouTube content platform that has gone on to pull off a public listing.