Physics Wallah Startup Success story and How it become a 101st Unicorn of India


Physics Wallah Startup Story
Physics Wallah - Startup Story | Founder| CEO | Funding | History | Competitors
Spread the love

Introduction:

At Physics Wallah time while education institutes are minting cash web websites hosting training for aspiring techies and medicos, Prayagraj’s Alakh Pandey imparts loose physics and chemistry education online. In simply years, he has notched up 8.33 million+ subscribers on his YouTube channel – now no longer simply in India but even in different nations like Pakistan, Bangladesh, Nepal, and Saudi Arabia.

About Physics Wallah:

Physics Wallah is an EdTech startup based in 2014 with the aid of Alakh Pandey. It is an e-getting-to-know platform that gives pleasant getting-to-know reviews at a low-priced price. This startup offers lectures and answers on diverse topics for college kids among training 6 and 12, JEE, NEET, and diverse different front tests. Physics Wallah gives each stay and scheduled lectures at the side of doubt fixing sessions, and based substances and enables college students to compare themselves thru tests.

The Physics Wallah’s own circle of relatives has crossed over 6M+ college students and is constantly elevating its bar withinside the subject of opposition giving the whole thing that scholars want with the fine-in-magnificence college to guide them in attaining individuals’ dreams. In the technology wherein schooling is extra of a commercial enterprise on the subject of education for aspirants of clinical and engineering front tests, Mr Alakh Pandey AKA Physics Wallah objectives to offer outstanding and low priced academic content material to all aspiring medicos and techies freed from price or at a minimum price.

Alakh Pandey has been paving the manner for hundreds of thousands of college students thru his YouTube Channel and Physics Wallah App/Website on which he offers lectures on the important topics for, NEET, JEE Mains, and Advanced degrees. Observing the economic implications of many enrolling in less expensive online publications, Alakh Pandey set on offering low-priced schooling to assist aspirants to ace diverse front tests.

Physics Wallah’s imaginative and prescient is to offer “schooling for all, no matter their socio-monetary repute.” The organization desires to offer low-priced schooling for all college students. It believes that schooling has the energy to extrude whatever and the whole thing. This is the motto with which Physics Wallah is marching forward.

Physics Wallah Founder & Team:

Physics Wallah founder Alakh Pandey image
Alakh Pandey (Physics wallah) (Image Source: entrepreneur.com)

Physics Wallah Co Founder:

Physics Wallah Co-founder - Prateek Maheshwari
Physics Wallah Co-founder – Prateek Maheshwari

Physics Wallah is an EdTech startup based in 2014 with the aid of using Alakh Pandey. PHYSICS WALLAH PRIVATE LIMITED is assessed as a Non-executive organization and is registered at the Registrar of Companies placed in ROC-KANPUR. 

See also  RankMeOnline - Measuring customer opinion & generating actionable for brands

Download Physics wallah App on Google Play Store

Physics Wallah Highlights :
Company NamePhysics wallah Private Limited
FoundersAlakh Pandey & Prateek Maheshwari
Started at2016
CompetitorsByju’s, Unacademy & Vedantu
Websitehttps://www.pw.live/
Revenue24.6 Cr (FY 21)
CountryIndia
Customer care Emailsupport@pw.live
Customer care Contact details7019243492
Caompany Valuation$1.1+ billion (June 2022)
IndustryEdtech Platform
HeadquartersNoida, Uttar Pradesh
Physics Wallah Details

Physics Wallah History:

After losing out on college, Alakh Pandey’s love for coaching pulled him in the direction of an education institute in Allahabad. There he groomed himself as a teacher. His fashion of coaching acquired a large reception and the Physics he taught turned cherished with the aid of everyone. So, with the concept of achieving extra college students, Alakh Pandey commenced a YouTube channel named ‘Physics Wallah’ in 2016. This is wherein the seed for PW turned into sowed and the startup commenced to germinate.

Physics Wallah Overview
Physics Wallah Overview (Image Source: moneycontrol.com)

Alakh Pandey commenced his YouTube channel “Physics Wallah” on 27 January 2014 as a physics teacher. Before that, He used to coach in education institutes. Initially, he commenced coaching physics, and chemistry with college students in 10th, 11th, and twelfth training. His lectures are by and large primarily based totally on NCERT (National Council of Educational Research and Training). On eleven April 2019, He released his very own website to assist his college students, wherein he offers notes, books, and quizzes, which can be absolutely freed from price. He was given Gold Play Button for his Youtube channel.

The EdTech industry’s boom in India may be narrowed right all the way down to beyond a decade. Their boom has been too fast in recent years. Statistics display that between 2014 and 2019, round four,450 EdTech startups have sprouted within the country. The present-day length of the EdTech marketplace is expected to be USD 125.3 billion in 2022. This may grow to attain a whopping $four billion withinside the subsequent 5 years.

Alakh Pandey’s famous physics training has been the cause for the call ‘Physics Wallah’. He named his YouTube channel in the back of the stated cause in 2016. Later, ‘Physics Wallah’ have become his emblem identification and stayed because of the call of the startup.

Physics Wallah Logo
Physics wallah Logo (Image Source: icons8.com)

Physics Wallah Revenue:

Physics Wallah published earnings of INR 6.92 Cr (simply under $1 Mn) in FY21, in keeping with its annual economic statements at the return of sales of INR 24.6 Cr ($3 Mn).

It stated this sale has surged ninefold to as a great deal as INR 350 Cr ($45 Mn) in FY22, and this may develop to $65 Mn with the aid of using FY2023, as compared to INR 380.80 Cr ($49.6 Mn) for Unacademy in FY21.

Physics Wallah Revenue for FY22 is 350 Crore.

  • PhysicsWallah’s expected annual sales are currently $45M according to year. 
  • PhysicsWallah’s overall investment is $100M.
  • PhysicsWallah’s present-day valuation is $1.1B. (June 2022).
See also  WazirX - Startup Story | Founder| CEO | Funding | History | Competitors

Physics Wallah Funding & Investors:

Physics Wallah turned into bootstrapped till 2022 for 6 years considering its inception as a YouTube channel. In fact, Alakh Pandey used his sales from YouTube to sign in to the organization and increase the PW app in 2020. Physics Wallah’s price range laboured this manner till a step forward took place in June 2022. The startup went thru Series A investment on seventh June 2022 and acquired $1 hundred million from Westbridge Capital and GSV Ventures. This maiden investment spherical made Physics Wallah a Unicorn and its valuation reached $1.1 billion post-investment.

Physics Wallah Revenue Model:

Physics Wallah Youtube Channel Stats
Physics Wallah Youtube Channel Stats

Physics Wallah’s commercial enterprise is to provide lectures and teach college students diverse training both online and offline. It additionally offers education for national-degree front tests for college kids.

Physics Wallah’s sales come thru YouTube ads. Also, there may be a non-obligatory subscription plan that offers get admission to one-of-a-kind doubt-fixing sessions. In addition to it, PW gives publications, lectures, and substances for a price. The price relies upon the extent or direction of the plan selected with the aid of using the scholars.  

Other Services Offered thru Physics Wallah:

Pandey was determined to make bigger his platform bigger and commenced a utility for online lectures. The startup additionally offers each offline and online training for college kids with the aid of using the call PW Pathshala. Today, extra than 60 lakhs of college students have discovered Physics Wallah. This startup has sixteen PW Pathshala facilities and a 1,500 workforce out of which three hundred are teachers. It is objective to offer the fine getting to know revel in for college kids.

Physics Wallah
Physics Wallah

Physics Wallah Competitors:

Physics Wallah’s direction expenses are decreased as compared to its competition which includes Byju’s, Unacademy, and Vedantu, amongst others.

Physics Wallah Latest News:

  • Jun 8, 2022: VCCircle — Physics Wallah Founder’s appearing ardor makes edtech corporation unicorn.
  • Jun 7, 2022: Physics Wallah raised ₹7,770,000,000 / Series A from GSV Ventures and Westbridge Capital.
  • Jun 7, 2022: TechCrunch — Indian ed-tech PhysicsWallah turns into a unicorn with a $a hundred million Series A investment.
  • Jun 7, 2022: Business Standard (India) — Top headlines: Physics Wallah turns into a unicorn; I-T portal develops a snag.
  • Jun 7, 2022: The Economic Times — Physics Wallah turns unicorn amid tech carnage; Rupeek lays off 200.
  • Jun 7, 2022: mint — PhysicsWallah joins the unicorn club.
  • Jun 7, 2022: Times of India — Edtech startup PhysicsWallah raises $a hundred mn, turns into a new unicorn.
  • May 20, 2022: The Economic Times — Startups attain out to locate jobs for the laid-off.

Physics Wallah Challenges:

The subsequent venture arose in 2021 while the competitors commenced throwing stones at the organization. Unacademy provided Rs seventy-five crore for Alakh Pandey which he at once refused. Then the competitors commenced poaching the PW workforce and quite a few of them left the organization in a quick duration of time. Then with the guidance of college students and his never-give-up attitude, Pandey got here returned sturdy and took the organization to a Unicorn repute following Byju’s, Unacademy, Vedantu, and some extra withinside the EdTech industry.

See also  Novy Nest – a preschool’s attempt at changing the current standardized, rote educational system

Physics Wallah Future Plans:

Physics Wallah plans to open extra offline facilities and introduce extra publications along with improving its online platform. Also, the organization plans to make bigger its content material to 9 vernacular Indian languages like Gujarati, Malayalam, Tamil, Telugu, Kannada, and some extra. This could make bigger the scholar base of Physics Wallah bigger which will be expected at around 250 million with the aid of using 2025.

FAQs about Physics Wallah:

What is Physics Wallah?

Physics Wallah is India’s top online ed-tech platform that provides affordable and comprehensive learning experience to students of classes 6 to 12 and those preparing for JEE and NEET exams. They also provide extensive NCERT solutions, sample papers, NEET, JEE Mains, BITSAT previous year papers.

Who are the founders of Physics Wallah?

Alakh Pandey and Prateek Maheshwari are the founders of Physics Wallah.

What is the valuation of Physics Wallah?

The organization grew to become Unicorn on June 7, 2022 and is valued at $1.1 billion.

Who are the buyers of Physics Wallah?

West bridge Capital and GSV Ventures are the 2 buyers of the organization.

Is Physics Wallah good for physics?

Yes, physics wallah is good for the JEE preparation because it helps to clear all the basics Concepts with easy methods and also he helps to understand every single chapter with his simple tricks.. Most aspirants know how physics is wallah and how he teaches.

What is the qualification of Alakh Pandey?

Alakh completed his school at Bishop Johnson School with a 93% in the 10th class and after that, He dropped out of college in his third year of Engineering to teach physics at an institute in Kanpur .

Is Physics Wallah good or Vedantu?

Both Physics Wallah and Vedantu are quite famous and have given Quite good results in the recently held NEET Examination. I would like o tell you it’s totally upon the student, to ace the examination as Almost all the Coaching institutes are good and provide ample study material for the entrance examination.

Is Alakh Pandey a dropout?

Yes Alakh Pandey is a Engineering dropout .

Who is Alakh Pandey wife?

Shivani Dubey is the wife of Alakh Pandey.

Who is the CEO of Physics Wallah?

Alakh Pandey is the Founder and CEO of Physics wallah.

What is income of Alakh Pandey?

Alakh Pandey’s income is approximately Rs 70 Lakh – Rs 1.5 Cr per month.

How does Physics Wallah make money?

Physics Wallah makes money from their multiple courses.

Is PW a profitable company?

Yes PW is a profitable company.

Conclusion:

During the release of the Physics Wallah app in May 2020, the app crashed because of heavy site visitors. The surprising hit of extra than 2 lakh college students into the app created this crash. As the net site visitors continued, it took weeks for the technical glitch to be fixed. Alakh Pandey turned into afraid that The scholars may have cheated as they have got paid for the training. But the popularity he had earned at some point in the years made the scholars accept him as true him and are available returned ones the whole thing turned into fixed.


Spread the love

Sai Sandhya