Indian edtech PhysicsWallah becomes unicorn with $100 million Series A funding

An Indian edtech startup that has made inroads in smaller Indian cities and towns with its low-cost learning offerings is the latest to join the country’s fast-growing unicorn club.
PW, or PhysicsWallah, has raised $100 million in its Series A funding, the startup said Tuesday. Westbridge and GSV Ventures financed the startup’s maiden institutional round, which values the two-year-old firm at $1.1 billion (post-money).
Unlike its bigger rivals that charge users as high as tens of thousands of dollars, PW charges students as low as $4 and according to a person familiar with the matt

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