Physics Wallah To Invest Rs 100 Cr In Its UPSC Coaching Arm

Physics Wallah (PW) is planning to invest Rs 100 crore to improve its Union Public Service Commission (UPSC) offerings. The UPSC vertical of the edtech firm is present both online (UPSC Wallah) and offline (PWOnlyIAS). It opened its first offline location in Rajinder Nagar, Delhi.

PW launched 50 offline centres throughout India earlier this month, with an investment of USD 10 million in software innovation to support offline coaching.

The pandemic aided in the acceptability of online learning, but as things return to routine in the post-pandemic period, edtech firms anticipate a hybrid future.

The company's sales objective for the current fiscal year (FY2023-24) is Rs 2,500 crore (USD 300 million) at the group level.