Is PhysicsWallah’s stellar public debut the turnaround edtech sector was waiting for?
PhysicsWallah listed at a 33% premium to its IPO price, and its shares ended Day 1 at a valuation of ₹44,000 crore (about $5 billion). The stellar debut has given the edtech sector hope after years of funding decline. And its success contrasts with the struggles of rivals Byju's and Unacademy.
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