As the company’s DRHP is not yet publicly available, however, from the sources, PhysicsWallah is preparing to raise around ₹4,600 crore (around $533 million) through a combination of fresh share issues and an offer for sale.
To align with public company standards and governance practices, the company added three independent directors to its board in March. In a move to strengthen its brand strategy and support growth initiatives, it also brought on Satish Sharma as Chief Marketing Officer last month.
Earlier this year, PhysicsWallah became a public company, meeting an important requirement for getting listed on Indian stock exchanges. Further, this move is part of its larger plan to organize its operations better as it prepares for more public attention and entry into the stock market.
Vision of the Physics Wallah
- To make quality education accessible to everyone across India.
- To provide every child with affordable learning opportunities.
- To help every child achieve their dreams, reach their full potential, and support them throughout their learning journey.
