PhysicsWallah CEO confirms course prices will stay below Rs 5,000 in 2026
PhysicsWallah's CEO Alakh Pandey confirmed that all courses will remain priced below Rs 5,000 in 2026, dismissing rumors of a price increase to Rs 15,000-20,000. He emphasized that affordability is a core principle of the company. The announcement follows a significant increase in losses for FY24, which reached Rs 1,130 crore, up from Rs 84 crore the previous year. This loss is attributed to higher spending on growth and a shift in financial reporting standards. PhysicsWallah is preparing for an initial public offering in 2025 after raising $210 million in funding last year. The company aims for over 50 percent growth in FY25, with a focus on improving profitability in its offline centers.