Physicswallah Private Limited

We are offering unlisted shares of Physics Wallah Private Limited (PW), one of India’s most successful edtech unicorns, to investors seeking high-growth opportunities in the private equity space. Physics Wallah, founded by Alakh Pandey in 2016 and incorporated in 2020 with co-founder Prateek Maheshwari, has grown from a YouTube-based educational initiative into a multi-channel, tech-driven education platform. It serves millions of students preparing for JEE, NEET, CBSE/ICSE, and other competitive exams through a hybrid model combining digital content and offline coaching centers.

As of May 2025, Physics Wallah boasts a user base of over 3.5 million registered learners and nearly 13.3 million YouTube subscribers. The company’s presence spans 98% of Indian pin codes through its digital channels and is complemented by a rapidly expanding offline network with more than 120 centers nationwide. Its growth has been fueled by a strong community-first approach, regional outreach, and effective use of YouTube and WhatsApp as engagement tools.

The company achieved unicorn status in June 2022 after raising \$100 million in a Series A funding round. It further strengthened its capital position in September 2024 by raising \$210 million in Series B led by Hornbill Capital, with participation from Lightspeed, GSV, and WestBridge. This round valued PW at \$2.8 billion, or ₹3,032 per share. In March 2025, Physics Wallah issued bonus shares in a 35:1 ratio, bringing the total number of outstanding shares, including equity and CCPS, to over 229 crore.

Physics Wallah confidentially filed a ₹4,600 crore (approximately \$530 million) IPO draft with SEBI in March 2025 via the pre-filing route. The proposed IPO will consist of a fresh issue to fund international expansion, artificial intelligence capabilities, and profitability initiatives, along with an offer for sale by existing shareholders. With the IPO timeline advancing, unlisted shares of Physics Wallah present an excellent pre-listing investment opportunity for those looking to gain early access to a company with strong fundamentals, a proven business model, and significant market potential.

Investing in Physics Wallah’s unlisted shares offers exposure to one of India’s most recognized education brands at the cusp of a public market debut. Interested investors can reach out to us for current pricing, availability, and transaction support. This is a rare opportunity to be part of a high-growth story in the Indian edtech space before it enters the stock market.