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The Latest Breaking News from PhysicsWallah

Physicswallah shares fall 5% as IPO lock-in expiry frees up Rs 2,949 crore worth of shares. Do you own?

Physicswallah shares experienced a nearly 5% drop on Monday morning as a significant portion of the company's equity became tradable post-lock-in expiry. This event follows a volatile trading history since its market debut, with the stock still trading below its listing price despite recent recovery.

The Economic Times

Groww investors reap bumper returns; Lightspeed’s India rethink

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focus

The venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target size to around $300-350 million, the people said, requesting anonymity as the discussions are private.

The Economic Times

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PhysicsWallah Shares Skyrocket to ₹162 on Debut – 7 Things You Need to Know Before Investing

PhysicsWallah maintains controlled discipline while scaling its hybrid business model and is poised for long-term growth, driven by India's growing education market.

International Business Times UK

COVID-19 lull over, students throng coaching capital Kota

As online coaching wanes, ed-tech companies set up shop

The Hindu

Uttar Pradesh: From earning Rs 5,000 to run his family, Prayagraj lad sets up $1 billion company

PRAYAGRAJ: From drawing a salary of Rs 5,000 per month as a physics teacher to run his family in Prayagraj to rejecting a job offer of Rs 75 crores, 29-year old local lad Alakh Pandey has raised a $100 million (around Rs 777 crore) funding for his Edtech startup PhysicsWallah…

The Times of India

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ETtech Morning Dispatch

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