Whalesbook
PhysicsWallah Ltd.'s Initial Public Offering (IPO) has achieved a remarkable listing at a 33% premium, valuing the company at approximately $5 billion. This strong market debut is seen as a vital validation for the edtech business model, contrasting sharply with the struggles of Byju's and Unacademy. Industry experts anticipate this success will restore investor confidence and channel much-needed funding back into the online learning sector after years of capital scarcity.