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Physics Wallah Raises $210 Million in Series B Round to Expand Edtech Services

India-based Physics Wallah, a leading edtech platform for engineering entrance test coaching, has raised $210 million in a Series B funding round led by Hornbill Capital, with participation from Lightspeed Venture Partners, GSV, and WestBridge. This brings the company's valuation to $2.8 billion.

Founded in 2020 by Alakh Pandey and Prateek Maheshwari, Physics Wallah provides online, offline, and hybrid educational platforms to help students prepare for engineering entrance exams. The company has reached over 4.6 crore students across 98% of India's pin codes.

Physics Wallah plans to use the fresh capital to expand its reach, further develop its educational technology offerings, and meet the growing demand for quality education across India. This funding comes at a time when the Indian edtech sector is facing a severe funding crunch, highlighting the company's strong market position.