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Physics Wallah Founders on IPO, Growth and Losses

Edtech star Physics Wallah has taken a bold leap - from the virtual classroom to Dalal Street.

What began in 2016 as Alakh Pandey’s YouTube channel for JEE and NEET aspirants has grown into a $2.8 billion unicorn—now testing investor sentiment with a ₹3,480 crore IPO. Yet, despite the hype, subscriptions remain sluggish and market buzz subdued. Is this the next phase of India’s edtech story or another early reality check for a celebrated startup? Ahead of the listing, ET’s Startups Editor Samidha Sharma and reporter Tanishka Dubey sat down with founders Alakh Pandey…

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