IN THE LAST two years, Physics Wallah — an edtech platform training school students and those preparing for JEE, NEET and other competitive exams — has opened about 130 offline centres in over a 100 cities across the country. Its reach now extends to 4.3 crore students on YouTube across 85 channels. The company also has around 27 lakh students using its PW app, which offers courses across 35 exam categories.
As the Noida-headquartered edtech unicorn scales rapidly, founder and CEO Alakh Pandey says he is focussed on bringing more financial discipline to the company. “Three years ago, we had no offline centre, today we have 130... right now we have the brand and this is the best time to scale pan India,” says Pandey. The firm’s revenue from operations rose to ₹772 crore in FY23 from ₹233 crore in FY22.
In the next one year, Pandey plans to make affordable smartphones with an educational operating system, tentatively priced at ₹8,000-10,000, and launch an NBFC that offers loans to economically disadvantaged students on the basis of academic credibility. — Arnika Thakur