PhysicsWallah to raise ₹3,480 crore through IPO for new vertical expansion

Edtech firm PhysicsWallah has confirmed plans for a ₹3,480 crore initial public offering to fund its growth in upskilling and test preparation markets. The company aims to allocate proceeds toward expanding offline learning centers, developing AI-driven learning tools, and strengthening its teacher network. The IPO is expected to open later this month, marking one of the largest edtech listings in India’s public market history. Analysts view the move as a strong confidence signal for India’s education technology ecosystem amid improved investor appetite for profitability-focused startups.

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