Physics Wallah IPO — A Milestone in India’s Ed-tech Story Physics Wallah IPO — A Milestone in India’s Ed-tech Story Summary: Physics Wallah Ltd (PW) — the ed-tech company that grew from a YouTube channel to a nationwide education platform — launched its initial public offering (IPO) in November 2025. This article covers company background, IPO specifics, financials, strengths, risks, valuation and an investor perspective. Introduction India’s ed-tech boom has produced several high-profile public listings. The Physics Wallah IPO is one of the most watched: a home-grown, low-cost education brand seeking public capital to scale offline presence, technology and acquisitions. Company background Founded by Alakh Pandey in 2016, Physics Wallah started as a YouTube channel offering physics lessons and gradually expanded into a full ed-tech company offering online courses, live classes, recorded content and offline/hybrid centre...