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PHYSICS WALLAH HIRING
PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- PhysicsWallah aims to grow revenue by over 30% this fiscal, leverage AI to cut costPhysicsWallah anticipates revenue growth exceeding 30% this fiscal year. The edtech firm plans to utilise artificial intelligence to signif...
- PhysicsWallah to infuse Rs 120 crore in its fintech arm FinZ FinanceThe company will subscribe to 26.7 million fully paid-up equity shares with a face value of Rs 10 each and a premium of Rs 35 per share, Ph...
- PhysicsWallah's listing day pop; Triple Wall Street whammyAnother day, another strong listing as PhysicsWallah shares popped on their D-Street debut. This and more in today's ETtech Top 5.
- Indian IT's Q2 efficiency; PhysicsWallah IPO goes throughLast quarter was a mixed bag for Indian IT on productivity and efficiency. This and more in ETtech's Top 5.
- IT sector adds fewer hands; BigBasket’s muted financialsHappy Friday! Hiring in India’s IT sector declined significantly in the April-June quarter. This and more in today’s ETtech Morning Dispatc...
- ‘Edtech may stay in the slow lane this year as companies grapple with AI’: Deborah QuazzoInvestments in edtech are slow, with AI integration becoming essential. Deborah Quazzo of GSV Ventures cites Byju’s as a cautionary tale fo...
- Ahead of IPOs, new-age firms look to fill leadership roles in critical areasCompanies including Captain Fresh, Lenskart, Flipkart, Zetwerk, InCred, Infra.market, Physics Wallah and DevX that are eyeing a public list...
- Silicon Valley’s SPC plans India outpost; Holi spike for quick-commerceHappy Tuesday! San Francisco-based South Park Commons is working with Flipkart’s cofounder Binny Bansal on its India expansion. Details on ...
- 28,000 and counting: That’s the 2023 layoff data from startup landStartups have been the worst hit this year since the highs of aggressive hiring from 2021, data from Longhouse Consulting shared exclusivel...
- Physics Wallah eyes offline expansion in 2024 with 100 physical centres“Currently, we have more than 60 centres. By next year we are targeting 100 centres. This year we catered to 1.4 lakh students, which shoul...
- Banks wary of credit on UPI by fintechs; layoffs at edtech unicorn Physics WallahIndian fintechs are eyeing credit lines on UPI as their next big growth opportunity but banks want to put the brakes on the growth of unsec...
- Edtech startup Physics Wallah lays off 120 staffers after performance evaluationThe decision, undertaken after a mid-term appraisal analysis ended in October, is aimed at ensuring Physics Wallah’s primary focus on maint...
- University admissions: CUET a fresh business opportunity for coaching companiesTest prep company Vidya Mandir Classes is charging Rs 1.2 lakh fee for a two-year CUET classroom programme of 300 hours, while one-year cla...
- Indian edtech companies eye larger offline play in post-pandemic worldThe edtech sector scaled record highs during the pandemic as education moved online, but has since been among the worst affected in terms o...
- ETMarkets Management Talk: Physics Wallah records 3x jump in FY23 revenue, FY24 target of Rs 2,500 crore: Prateek MaheshwariWe experienced a remarkable three-fold increase in revenue, generating approximately Rs 780 crore ($95 million) in FY23 compared to Rs 233 ...
- Physics Wallah to hire 2500 employees across verticals by March"The hiring spree is aligned with the brand's ambitious growth goals as it continues to provide top-of-the-line learning opportunities to s...
- Physics Wallah makes two new acquisitionsThe acquisitions have come at a time when Physics Wallah is eyeing new acquihires this year, as it looks to expand geographically, strength...
- Newly-minted unicorn PhysicsWallah zeroes in on personal coaching spaceThe bootstrapped startup raised $100 million last week in its maiden funding round, led by WestBridge Capital and GSV Ventures, making it t...
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