PhysicsWallah IPO: PhysicsWallah, an edtech unicorn of Alakh Pandey, has received huge investment from Think Investments, a global investment firm. The company has invested over Rs 136 crore in the edtech unicorn as part of a pre-IPO funding round, PTI reported. The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week.

Think Investments infuses Rs 136 crore in PhysicsWallah

As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm. The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore.

What PhysicsWallah said on investment

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