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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The edtech startup is a bright spot in a sea of disappointment, but can it stay the course? Separately, Dailyhunt’s latest pitch should be taken with a pinch of salt.
Physics Wallah, the edtech startup founded by Alakh Pandey and Prateek Maheshwari, has raised $210 million. From the company’s release:
“Physics Wallah Private Limited (PW), India's leading education company, has closed its Series B funding round, raising USD 210 million. This investment brings the company’s post-money valuation to an impressive USD 2.8 billion, 2.5x jump over its last valuation of USD 1.1 billion. The funding round was led by Hornbill Capital, with significant participation from Lightspeed Venture Partners, alongside the continued support of its existing investors, GSV and WestBridge.”
This is a significant development, both for Physics Wallah and the …
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
Venture capital funding is showing signs of a slowdown; the US opens access to advanced technologies for the UAE; and other updates.
