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Indian edtech startup physics wallah ended its first day as a public company on a high, with its shares closing 44% higher than they were listed for, indicating that the country’s edtech sector. Indian edtech firm physicswallah makes trading debut at 33% premium after $393 million ipo Physicswallah listed at a 33% premium to its ipo price, and its shares ended day 1 at a valuation of ₹44,000 crore (about $5 billion)
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The stellar debut has given the edtech sector hope after. Reuters and tech in asia more Edtech startup physics wallah closed up 44% in its indian ipo, giving it a ~$5b market cap
It was last valued at $2.8b in 2024 when it raised a $210m series b published about 6 hours ago
Shares of physicswallah rose 45 per cent in their trading debut on tuesday, valuing the indian edtech firm at $5.1 billion, as prospects for continued growth fueled investor appetite It was last valued at $2.8b in 2024 when it raised a $210m series b more
