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Ed‑tech unicorn PhysicsWallah secures ₹136 crore stake ahead of IPO
PhysicsWallah raises ₹136 crore pre‑IPO from Think Investments as it gears up for its upcoming ₹3,480 crore IPO.
Ed‑tech firm PhysicsWallah has received a pre‑IPO investment of approximately ₹136.17 crore by global investor Think Investments.
The fund acquired 1.07 crore shares (≈0.37% stake) at ₹127 per security, amid the company’s lead‑up to a ₹3,480 crore IPO opening November 11.
PhysicsWallah-with a focus on competitive‑exam coaching for JEE, NEET and UPSC-calls the move an endorsement of India’s growing ed‑tech market and investor confidence ahead of listing. Subscription levels and valuation will be closely watched.