PhysicsWallah Ltd.

PhysicsWallah  offer  test  preparation  courses  for  competitive  examinations,  and  other  courses  such  as  for  upskilling. The company delivers its courses through (i) online, which includes social media channels, website and apps; (ii) tech-enabled offline centers (where the faculty conducts live classes in a physical center); or (iii) hybrid centers (two-teacher model where a student attends a live online classes at a physical center and can benefit from another faculty  that  is  present  at  the  center  to  resolve  questions and  participate  in  revision  classes).  Among  the  top  5 education companies in terms of revenue in India, the company is the largest in India in terms of student community, with their main YouTube channel, “Physics Wallah-Alakh Pandey” having ~13.7 million subscribers as of July 15, 2025, according to Redseer Report. Their YouTube community had 98.80 million subscribers as at June 30, 2025 and grew at a CAGR of 41.80% between Fiscals 2023 and 2025. The company also have a significant offline presence among education companies in India in terms of offline revenue, according to the Redseer Report. PhysicsWallah are also among the top-five education companies in terms of revenue in India and are one of the fastest-growing companies in terms of revenue growth during Fiscals 2022 to 2024.