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News on Medial
Alakh Pandey’s PW to offer full tuition waivers for children of SSB martyrs and personnel
IndianStartupNews
·
1d ago
Medial
Physics Wallah (PW), led by Alakh Pandey, has partnered with the SSB Wives Welfare Association, Sandiksha, to provide full tuition waivers for children of Sashastra Seema Bal (SSB) martyrs. This initiative also offers a 35% scholarship for offline and a 25% scholarship for online courses to children of serving and retired SSB personnel. The scholarships cover various competitive exam preparation courses, accessible through PW's online and offline centers across India.
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UAE emerges as key alternative for international students with 100% scholarships & global transfers
Economic Times
·
29d ago
Medial
Universities in the UAE are attracting international students facing US visa uncertainties by offering scholarships, simplified visa processes, and opportunities for global campus transfers. Institutions like Sorbonne University Abu Dhabi and Gulf Medical University are introducing initiatives like full tuition waivers and interactive sessions to engage prospective students. Heriot-Watt University’s Go Global programme allows campus flexibility across various locations. These measures aim to establish the UAE as a significant hub for global education, especially in medical and health sciences.
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PhysicsWallah Rolls Out School of Startups, Sets Up Fund To Back Over 100 Startups
Inc42
·
10m ago
Medial
PhysicsWallah, a popular online education platform in India, has launched a new initiative called PW SOS to support entrepreneurs. The platform will provide access to ideation programs, training, mentorship, and opportunities for capital raising. It will offer three programs, Aarambh, Prarambh, and Hopes Alive, each designed for different stages of the entrepreneurial journey. PhysicsWallah, founded by Alakh Pandey and Prateek Maheshwari in 2020, recently achieved unicorn status by raising $100 million in funding from Westbridge and GSV Ventures.
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PhysicsWallah launches new school to provide elementary education
Inc42
·
1y ago
Medial
PhysicsWallah, led by Alakh Pandey, has entered the offline education space with the launch of PW Gurukulam School. Located in Gurugram, the school will offer elementary education from play school to seventh grade, with a curriculum affiliated to CBSE. The school has enrolled 400 students for its inaugural batch and aims to provide experiential learning, focusing on financial literacy, entrepreneurship, and programs like Model United Nations. PhysicsWallah, which started as a YouTube channel and later expanded into various segments, currently has 67 offline centers across 38 cities and recorded significant revenue growth in FY23.
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PhysicsWallah launches Rs 250 Cr Scholarship Fund for JEE/NEET aspirants
Entrackr
·
11m ago
Medial
Edtech firm PhysicsWallah (PW) has announced a scholarship fund of Rs 250 crore through its third edition of the NSAT (National Scholarship Common Admission Test) 2024. This initiative aims to help students aspiring to excel in NEET-UG and IIT-JEE exams by providing top-quality education and expert guidance, regardless of their financial situation. The NSAT exam will be held online from October 1 to October 15, 2024; and offline on October 6 and October 13, 2024 at selected centers. The registration for the NSAT 2024 program has officially begun, inviting students from Class VI to XII, including those in PCM and PCB groups. According to PW, the top 1,000 students who excel in these exams will receive a 100% scholarship, including accommodation. Among these, special consideration will be given to the top 500 underprivileged students. Co-founded in 2020 by Alakh Pandey and Prateek Maheshwari, PW offers education at scale across India through online, offline, and hybrid platforms. Its offerings span various educational segments, including schools, test preparation in more than 43 categories, a skilling vertical, higher education, and study abroad (AcadFly). PW has raised $100 million in funding from investors like Westbridge and GSV Ventures.
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PhysicsWallah appoints former Blinkit executive as CFO
Entrackr
·
7m ago
Medial
Edtech unicorn Physics Wallah (PW) has appointed former Blinkit executive Amit Sachdeva as its new chief finance officer (CFO). Sachdeva will lead the strategic and financial initiatives at the company, the appointment will also plant to ramp up its financial oversight and sustainable growth. Sachdeva has more than two decades of experience and has worked for multiple companies, including IGT Solutions and Wipro. “Amit’s experience in financial leadership and his focus on robust corporate governance will be invaluable as we continue our efforts to grow and broaden our educational impact. His approach to finance as a transformative tool aligns with PW’s goals,” said Alakh Pandey, CEO of Physics Wallah. Initially launched as a YouTube channel in 2014, Physics Wallah claims to offer free education to over 4.6 crore (46 million) students through its more than 112 YouTube channels in five vernacular languages. It has 5.5 million paid students. In September, Physics Wallah (PW) raised $210 million in a Series B funding round led by Hornbill Capital. According to data intelligence platform TheKredible, the company’s revenue from operations surged to Rs 1,940.4 crore in FY24, compared to Rs 744.3 crore in FY23.
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PM to distribute more than 51,000 appointment letters under Rozgar Mela
IndianStartupNews
·
1y ago
Medial
Prime Minister Narendra Modi will distribute over 51,000 appointment letters to new recruits via video conferencing on August 28. The Rozgar Mela will take place across 45 locations in India and is conducted by the Ministry of Home Affairs to hire personnel for various central armed police forces (CAPFs) including CRPF, BSF, SSB, Assam Rifles, CISF, ITBP, and NCB, as well as Delhi Police. The new recruits will serve in roles such as Constable (General Duty) and Sub-Inspector (General Duty), strengthening CAPFs and Delhi Police for roles like internal security, counter-terrorism, insurgency combat, and border protection.
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YouTube, Unicorn, $500-Million IPO: PhysicsWallah Founder Alakh Pandey's Rags to Riches Story
OutlookIndia
·
3m ago
Medial
PhysicsWallah, founded by Alakh Pandey, is a unicorn edtech startup in India poised to launch a $500 million IPO. Alakh Pandey, who dropped out of college to become a full-time tutor, created PhysicsWallah from modest beginnings, focusing on affordable education. The startup, co-founded with Prateek Maheshwari, has expanded into offline centers and amassed significant user engagement online. Despite facing edtech sector challenges, PhysicsWallah continues to grow while aiming for strategic acquisitions and broader market penetration.
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Operation Sindoor: Airlines offer full refunds amid suspended bookings
Economic Times
·
2m ago
Medial
Travel platform Ixigo and airlines have announced full refunds for travelers affected by flight suspensions due to Operation Sindoor. Flights to airports in India and countries like Turkey and Azerbaijan are impacted. Airlines including IndiGo, SpiceJet, and Air India are offering flexible policies and waivers on fees. The move responds to tensions between India and Pakistan, with travel companies suspending bookings to certain countries and issuing advisories amid the closure of 32 airports in India.
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Elon Musk plans to launch his own university in Texas, report says
Business Insider
·
1y ago
Medial
Tesla CEO Elon Musk plans to build a school and eventually a university in Texas, with a reported $100 million donation to the project. The school will cater to elementary school through high school-age children and focus on STEM subjects, while the university aims to offer education at the highest levels. Musk had expressed interest in starting a school in the past and has previously started a private school for his own children and children of his company's employees.
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Total emergency network, Maidaan raises early-stage funding
VCCircle
·
1y ago
Medial
Healthcare logistics startup Total Emergency Network has secured Rs 2 crore in seed funding from Biorx Venture Advisors and undisclosed high-net-worth individuals. The Hyderabad-based startup offers a healthcare-focussed logistics platform, providing ambulance services and medical personnel within 15 minutes across India. Social entertainment platform Maidaan has also raised an undisclosed amount in a pre-seed funding round led by Inflection Point Ventures and EvolveX. Maidaan hosts live olympiads and tournaments for school children and aims to provide exposure and opportunities beyond school education.
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