Private Equity

PE Fund Investments

Test prep platform Physics Wallah set to turn unicorn with maiden fundraise

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PW (Physics Wallah), which offers online and offline courses and study materials for JEE, NEET and other engineering entrance exams, is in late-stage talks to raise funds with Westbridge and GSV Ventures. The two investors along with a few others are set to put in USD 100 million in PW. PW has been a pure-play bootstrapped venture until now. The Delhi-based company runs a YouTube channel that has over 6.4 million subscribers whereas its app has garnered 4.2 million downloads. The company will be valued anywhere near USD 1 billion, it is estimated.