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Vaibhav Babruwan Shingde

Stealth • 9d

PW India's Most Valuable Edtech Startup! • PW (PhysicsWallah) has raised a pre-IPO $25 million round led by existing investors like WestBridge Capital at a valuation of $3.7 billion. • In September 2024, PW raised a $210 million Series B round led by Hornbill Capital at a $2.8 billion valuation. • PW is planning to file for an IPO in the upcoming months. • Through all of this, Physics Wallah reported losses of ₹1,131 crores, primarily due to higher expenses and other costs.

4 replies13 likes

Replies (4)

VIJAY PANJWANI

Stealth • 8d

The company had reported a net profit of Rs 16 crore for FY23, but it has now restated its financials to report a net loss of Rs 84 crore for the year. Total expenses went up to Rs 3,279 crore in FY24. Over leveraged, it may become the next Biajo.

1 replies

Anonymous 1

Stealth • 9d

Yes it is and it deserves to be...so much better growth potential and real care for their users/customers they have. It really is better than the alternatives as far as public opinion is concerned

1 replies2 likes

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