The Physics Wallah Startup provides students with a cutting-edge platform. This gives you access to world-class educational resources and professional advice from experts. Physics Wallah makes it easier than ever to understand the intricacies of physics thanks to its user-friendly interface and easy-to-use tools. The company aims to give students the best of both worlds by bridging the gap between traditional classroom instruction and a modern digital platform.
How did Physics Wallah become a unicorn?
In startup parlance, a unicorn is a company with a market cap of over $1 billion.
The first edtech company to reach this goal in 2022 is PhysicsWallah. He is the 101st company in India to receive this honour.
Alakh Pandey started his PhysicsWallah as his YouTube channel in 2014. Due to his popularity among his students, Byjus and Uacademy offered him a position as a teacher at a salary of 40 crore a year. He turned it down to build a profitable bootstrap business out of PhysicsWallah.
The PhysicsWallah has over 20 centers in 18 cities and over 10,000 students enrolled in the 2022-2023 academic year. It has 5.2 million downloads on Google Play and 6.9 million subscribers on YouTube. Thanks to its thorough, interactive and interesting educational content, the company claims that in 2020 and 2021, over 10,000 students passed competitive exams such as NEET and JEE.
Physics Wallah focuses on providing quality education at an affordable price so that students from diverse backgrounds can access higher education and successfully advance in their careers. The most recent funding will be put to use for business growth, branding, opening more learning centres, and adding more course options.
It also intends to release educational content in nine Indian languages: Bengali, Marathi, Tamil, Telugu, Gujarati, Odia, Malayalam, and Kannada.
Who is the owner of Physics Wallah?
Alakh Pandey is the CEO of Physics Wallah and a YouTuber. He collaborated with Prateek Maheshwari for his YouTube Education channel. Physics Wallah has a student app.
Why Physics Wallah is so successful?
Physics Wallah’s narrative has received praise despite its many ups and downs. Founder of Physics Wallah, Alakh Pandey’s journey was difficult and time-consuming.
Pandey quit his teaching center job in 2017 to pursue his dream of becoming a full-time YouTuber. The channel gradually gained popularity and in 2019 reached 2 million viewers. Due to the Covid-19 outbreak, the country went into lockdown, necessitating the formation of the Physics Wallah.
Alakh Pandey decided to expand his audience and started applications for online courses. Known as Physics Wallah, the company also offers offline and online courses for students. Physics Wallah currently trains over 60,000 students.
On June 20, 2022, Physics Wallah entered the offline learning market with the opening of its first offline learning facility known as PW Vidyapeeth in Kota, Rajasthan. Students who want to prepare for the JEE and NEET exams in 11th and 12th grade can apply at the offline location of PhysicsWallah,
Physics Wallah funding
In its first six years as a YouTube channel, Physics Wallah was bootstrapped until 2022. The PW app was established in 2020 using YouTube revenue from Alakh Pandey. Physics Wallah’s finances worked this way until it broke through in June 2022.
The startup received $100 million in Series A funding from Westbridge Capital and GSV Ventures on June 7, 2022. Physics Wallah became a Unicorn after its first funding round, and its post-funding valuation was $1.1 billion.
While competitors Byju’s and Unacademy can charge tens of thousands of dollars per course, PW charges students only $4 per course. Physics Wallah has tens of thousands of paying subscribers, according to people familiar with the matter. Their current run rate for FY 2022- 2023 is $65 million.
How many employees are in Physics Wallah?
At present, the company employs 6,500 people, including more than 2,000 teachers and academic experts. Physics Wallah, a unicorn edtech company, intends to hire 2,500 people in various roles during the current quarter.
According to Physics Wallah, it is hiring academics as well as experts for related positions like business analysts, data analysts, counselors, operations managers, batch managers, teachers, and many more.
FAQ – Physics Wallah Startup
1. When was Physics Wallah started?
PhysicsWallah began with a YouTube channel and a capital of Rs 30,000 in 2016.
With a whiteboard, a smartphone mounted on a tripod, and a few books, Alakh set out to tutor JEE/NEET aspirants for free. His flamboyant teaching approach quickly gained popularity.
2. Is Physics Wallah a profitable company?
PhysicsWallah is a unicorn startup with profits on its income statement. In the previous financial year, the unicorn edtech firm earned Rs 6.93 crore.
3. Mission and Vision of Physics Wallah
The mission of Physics Wallah is to give “education for all, regardless of their socio-economic situation” by making education accessible to all students. It holds that anything and everything can be changed through education. This is the guiding principle of Physics Wallah’s progress.
Wrapping Up
Physics Wallah Startup is a great success and will no doubt benefit many aspiring physicists.
What are your views on this amazing Startup?