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Edtech startup PhysicsWallah's FY22 net profit jumps 14-fold to ₹97.8 cr
short by Bhawana Chaudhary / on Friday, 4 November, 2022
Edtech unicorn PhysicsWallah's standalone net profit grew over 14 times to ₹97.8 crore in the financial year 2021-2022 from ₹6.93 crore in the previous fiscal. The startup's revenue from operations grew nearly 10-fold during the period to ₹232.5 crore from ₹24.6 crore in FY21. Earlier this year, PhysicsWallah raised $100 million from GSV Ventures and WestBridge Capital at $1.1-billion valuation.
read more at Moneycontrol