Edtech unicorn PhysicsWallah makes confidential filing of draft papers for Rs 4,600-crore IPO

Edtech unicorn PhysicsWallah makes confidential filing of draft papers for Rs 4,600-crore IPO

The move makes PhysicsWallah the seventh major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services and Indira IVF

Physics Wallah Confidentially Files for $500 Million IPO, Eyes Market Debut

Edtech giant Physics Wallah has confidentially filed for an initial public offering (IPO), aiming to raise up to $500 million, according to an IFR report. This move could make Physics Wallah the first pure-play edtech company to list on the Indian stock exchanges. Strategic Move Toward Market Debut The company had previously hinted at launching a $400-500 million IPO in 2025. If successful, it will join the ranks of Indian startups tapping into …

Sources: Indian edtech unicorn PhysicsWallah confidentially filed draft papers for a ₹4,600-crore IPO; the startup was valued at $2.8B in September 2024

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PhysicsWallah Takes Confidential Route For A $500 Mn IPO

After months of speculation, edtech unicorn PhysicsWallah has reportedly filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an INR 4,600 Cr ($531.4 Mn) initial public offering (IPO) via the confidential filing route. Citing sources, Moneycontrol reported that a large component of the public offering would be an offer for sale (OFS). PhysicsWallah, which has raised over $310 Mn since inception…

Unhinged: The Virtual MSK Reckoning (and What Comes Next) – RamaOnHealthcare

Presented by Commons ClinicHinge Health, a virtual MSK company and one of health tech’s most well-known unicorns (over $1 billion raised, $6 billion valuation), has filed an S-1 with plans to go public. With a stubbornly frozen IPO market, sagging digital health stocks, and exit-hungry investors—the entire ecosystem is watching. Much is riding on Hinge’s [...]