From YouTube to classrooms: PhysicsWallah’s ₹3,100-crore fresh issue to fund offline push, hybrid growth

Edtech unicorn PhysicsWallah plans to raise ₹3,100 crore to open 200 new offline centres, boost branding, and strengthen tech infrastructure. Co-founders Alakh Pandey and Prateek Maheshwari said the expansion marks a hybrid growth phase, blending online scale with tech-enabled classrooms. The company remains cash-positive, generating ₹500 crore operational cash in FY25, and expects profitability soon.