PhysicsWallah to invest $10 Mn in offline vertical Vidyapeeth
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Edtech unicorn PhysicsWallah reportedly plans to invest $10 Mn (INR 82 Cr) in multiple tranches in its offline coaching vertical Vidyapeeth School. PhysicsWallah (PW) Vice President Imran Rashid told news agency PTI that the edtech player will invest $5 Mn in the first phase to set up infrastructure for its school-integrated course. Afterwards, the remaining $5 Mn will be deployed towards creating content, development of pedagogy and academic upgradation of schools.