PhysicsWallah raises USD 210 million, valuation jumps 2.5x to USD 2.8 billion
By
Binu Mathew
NEW DELHI: Edtech firm PhysicsWallah said on Friday it has raised USD 210 million in a funding round led by Hornbill Capital at a 2.5 times higher valuation of USD 2.8 billion. Lightspeed Venture Partners, along with existing investors GSV and WestBridge, also participated in the funding round. The company at the end of its previous funding was valued at USD 1.1 billion.