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PhysicsWallah appoints former Blinkit executive as CFO

Entrackr · 2d

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.