PhysicsWallah Eyes ₹3,820 Crore IPO as Edtech Sector Rebounds

Indian edtech giant PhysicsWallah is preparing a ₹3,820 crore public offering, targeting a 2026 listing amid revived investor confidence in online education. The company, backed by key private equity funds, seeks to expand its hybrid learning model and integrate advanced AI-based assessment tools. Analysts suggested the IPO could rejuvenate sentiment in India’s edtech ecosystem following years of funding winter. Bankers involved said regulatory filings are expected in early Q1 2026. The move underscores renewed capital market interest in scalable, profitable education platforms.