PW (Physics Wallah): a Bootstrapped startup set in order to turn unicorn with maiden fundraise
- ByStartupStory | March 5, 2022
PW (popularly Known as Physics Wallah) is one such company that offers online and offline courses. It also provides study materials for JEE, NEET and other engineering entrance exams. In the past two years, when immense eyeballs have been attracted by the platform and the app at a rapid pace, it has now turned out to be a hot proposition for investors. Two people being aware of the potential transactions, said that the PW is in the late-stage talks to raise funds with Westbridge and GSV Ventures.
PW (Physics Wallah) was founded by Alakh Pandey in the year 2016 and was later joined by Prateek Maheshwari. It is a company based in Delhi and runs a Youtube channel. Until now, it has been a pure-play bootstrapped venture. According to Sensor Tower’s data, it has over 6.4 million subscribers and its app has garnered 4.2 million downloads.
The second person who also requested anonymity said, “Physics Wallah will be valued anywhere near $1 billion and if nothing goes wrong, the deal is expected to be announced in a few weeks from now.”