PhysicsWallah's ₹3,480 Cr IPO To Hit Market; Founder Pandey Vows To Keep Education Affordable

This special report focuses on the upcoming ₹3,480 crore Initial Public Offering (IPO) of edtech giant PhysicsWallah and the vision of its co-founder and CEO, Alok Pandey. In the transcript, Pandey states, 'Quality education should either be free or at the lowest cost possible.' The discussion delves into how the company plans to maintain its affordable education mission while entering the public market, backed by a 97% CAGR in revenue and a strong social media community of nearly 99 million subscribers. Pandey addresses the use of IPO proceeds for expanding offline 'Vidyapeeth' centers, technology upgrades, and marketing. He also tackles questions on faculty retention, brand dependence on his personality, and the company's competitive stance, asserting that with 4.46 million paid users, PhysicsWallah operates on a different scale than its rivals.