Physics Wallah Valuation, Funding & Shareholders Breakdown – 2024

PhysicsWallah Valuation

PhysicsWallah is one of the most profitable ed-tech startups in India. It provides educational resources, particularly for students who are studying physics and other science subjects. Physics Wallah valuation has made it a hot topic in the ed-tech segment of Indian startups. It was founded by Alakh Pandey, a physics teacher and YouTube personality who has gained a large number of followers for his engaging and informative videos on physics.

Physics Wallah Valuation

 

The PhysicsWallah platform offers a range of resources, including online video lectures, notes, practice problems, and quizzes. As of now, PhysicsWallah’s valuation is Rs. 8,259 crores ($1.1 billion). In this write-up we will look into the valuation, funding, and financials of the company Physics Wallah.

Let’s begin!

Fundings & Shareholders Breakdown

Recently, Physics Wallah came into the limelight because of its profits and valuation. It raised the funds in a Series-A round. As of now, it held only one funding round i.e. on June 7, 2022. Did you know, it raised a whopping amount of Rs.825 crores from its leading investors in that funding round? Let’s look at the latest funding rounds of PhysicsWallah-

Venture Capitalist (Lead Investors)LocationFunding Amount
WestBridge CapitalQuatre Bornes (Mauritius)Rs.825 crores ($100 million)
GSV VenturesSan Francisco (United States)
MMPL TrustBengaluru (India)Undisclosed
Konark TrustBengaluru (India)Undisclosed
PhysicsWallah: Fundings & Shareholders Breakdown

Currently, the market valuation of Physics Wallah is Rs.8,259 crore ($1.1 billion). Unfortunately, the company has not disclosed the percentage of shares owned by each shareholder in the current fiscal year.

Is Physics Wallah Profitable?

Let’s have a quick detour to the financials of PhysicsWallah in the last fiscal year-

PhysicsWallah FinancialsAmount (in Crores)
Market ValuationRs.8,259 crore ($1.1 billion)
RevenueRs.234.09 crore
ExpensesRs.103.2 crore
ProfitsRs.98.23 crore
PhysicsWallah Financials

As you can see, despite the huge expenditure, PhysicsWallah managed to make good profits. Its 10X growth rate in revenue helped to scale over 14.2X annual profits worth Rs.98.23 crore. Also, the EBITDA (Earnings before interest, taxes, depreciation, and amortization) margin improved by 1,948 base points. Thus, you can say that PhysicsWallah spent 44 paise to earn a single rupee of operating revenue. 

Revenue Earned

Do you know, PhysicsWallah is the sole startup that entered the unicorn club with a profitable income? Not only it survived the funding winter without firing any employees but also made a profitable unit economics! As per the latest reports, the primary sources of PhysicsWallah revenue were-

  • YouTube: With 9.17 million subscribers, PhysicsWalla earned almost half of its revenue through online classes on YouTube.
  • Educational Services: Offline Coaching & Online Classes on the PhysicsWallah app
  • Sale of Study Materials: Books, Notes, and Test Papers

Below is the comparison of PhysicsWallah revenue for the last fiscal year-

Revenue SourcesAmount Earned
Operating Revenue233 crore
Cash from Operations70.2 crore
Revenue Sources of PhysicsWallah

Youtube helped PhysicsWallah to establish a large audience which eventually became its loyal customers. Besides its online coaching, it also earns a good amount of money through offline coaching centers. Some of the prominent ones are located in-

  • Delhi
  • Bhopal, Varanasi
  • Lucknow
  • Pune
  • Patna 
  • Ranchi

Expenses: Physics Wallah’s Expenditures

Following table provides a brief breakdown of PhysicsWallah’s expenditures-

ExpensesAmount
Employee Benefit ExpensesRs.42.34 crore
Advertising & Promotional ExpensesRs.11 crore
Legal & Professional FeesRs.17.3 crore
IT CostsRs.3.72 crore
Transportation CostRs.4.07 crore
Other Operating & Admin ExpensesRs.24.57 crore
Expenditures of PhysicsWallah

Future Plans of Physics Wallah

After the Series-A funding round, PhysicsWallah is looking for the next funding round this year. Here, it is anticipating to raise funds three times greater than its current valuation i.e. $3.3 billion. For this purpose, the company met with numerous private equity investors to raise funding in addition to its existing investors. The current investors like GSV Ventures and WestBridge Capital are going to increase their stakes in the company. Seeing the success of its teaching methods, it is expecting to enter the K-12 segment through both online and offline channels.

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Published By: Supti Nandi
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Shivangi kant
Shivangi kant
9 months ago

Everybody now knows well who is Alakh pandey and been credited who revolutionised online education especially for Science students.The courses are really advanced,highly affordable by any student from anywhere.Yes,Alakh and his team trying to meet more equity investorsa to raise more funds for expanding their business in a broader way in upcoming years.