PhysicsWallah IPO: Edtech giant files draft papers with Sebi; eyes raising Rs 3,820 crore
PhysicsWallah, the edtech platform, has filed updated draft papers with Sebi to raise Rs 3,820 crore through an IPO. The IPO includes a fresh issue of shares and an offer for sale by promoters Alakh Pandey and Prateek Boob. The funds will be used for physical infrastructure, technology, marketing, and investments in subsidiaries, aiming to fuel expansion and growth initiatives.🕒 1 min read
PhysicsWallah, the edtech platform, has filed updated draft papers with Sebi to raise Rs 3,820 crore through an IPO. The IPO includes a fresh issue of shares and an offer for sale by promoters Alakh Pandey and Prateek Boob. The funds will be used for physical infrastructure, technology, marketing, and investments in subsidiaries, aiming to fuel expansion and growth initiatives.
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