PhysicsWallah, an edtech startup in India that offers online video tutorials for students preparing for engineering and medical entrance exams, has announced plans to invest $10 million in its offline vertical Vidyapeeth. Vidyapeeth is a physical learning centre offering courses and coaching for engineering and medical entrance exams. The investment will be used to expand Vidyapeeth’s presence in India, with plans to open centres in more than 20 cities over the next three years. The move to invest in offline learning centres is part of PhysicsWallah’s broader strategy to offer a hybrid model of education to cater to a wider range of students.
PhysicsWallah is an edtech startup founded by renowned physics teacher Alakh Pandey. The company offers online video courses and study material for students preparing for engineering and medical entrance exams in India. Recently, PhysicsWallah announced that it will be investing $10 million in the offline education space by launching its new vertical, Vidyapeeth. Vidyapeeth will offer offline coaching for students preparing for engineering and medical entrance exams, with a focus on Tier 2 and Tier 3 cities in India. The investment will go towards setting up Vidyapeeth centres across the country, hiring faculty members, and creating a physical study material and test series for students. PhysicsWallah aims to reach 50,000 students through Vidyapeeth in the next 3-4 years. According to Alakh Pandey, PhysicsWallah’s foray into the offline education space is driven by the need to bridge the digital divide and reach out to students who don’t have access to quality online education due to lack of resources or infrastructure. With Vidyapeeth, PhysicsWallah aims to provide affordable and effective coaching to students in Tier 2 and Tier 3 cities, where the demand for quality education is high but the supply is limited.