Edtech startup Physics Wallah’s valuation crosses $2.8 bn with new funding

The largest edtech fundraise in the last two years has pushed the valuation of Physics Wallah (PW) to $2.8 billion, a more than two-fold increase from $1.1 billion earlier. The Noida-headquartered education company announced a $210-million fundraise on Friday at the close of a Series-B round, that changed the pecking order in the Indian edtech space.