• About
  • Advertise
  • Careers
  • Contact
No Result
View All Result
Friday, March 24, 2023
The Imperial Post
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    drone

    The Top Drone Companies In India

    facebook

    How does Facebook Lock Profile work

    Cheap Component that can help to kill combustion cars

    Cheap Components that can help to Kill Combustion Cars

    TOP 10 Android Phones

    Top 10 Android Phones

    Top 10 YouTubers in India

    Top 10 YouTubers in India

    Elon Musk buys 9% stake in Twitter

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Sports
    sports betting apps

    Top 10 Sports Betting Apps

    Indian Actresses and their salaries

    Top 10 Indian Actresses and their salaries

    indian actors and their salaries

    Top 10 Indian Actors and their Salaries

    Wrestlers in India.

    Top 10 Wrestlers in India

    10 india web series

    Top 10 Netflix Series in India

    Richest Sportsmen in the World

    Top 10 Richest Sportsmen in the World

    Indian Women Cricket

    Women’s IPL Set to Begin in March 2023

    Life Changing

    Top 10 Life Changing Movies

    The Kashmir Files

    The Kashmir Files Smashes the Box office

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Most Delicious Foods

    Top 10 Most Delicious Foods

    Top 10 Hill Stations in India

    Top 10 Hill Stations in India

    jewellers in dubai

    Top 10 Most Trusted Jewelers In Dubai

    Trusted Jewelers in Delhi

    Top 10 Most Trusted Jewelers in Delhi

    Most Famous People from Gujarat

    10 Most Famous People from Gujarat

    industries in India with most billionaires

    Top 10 Industries in India with the Most Billionaires

    sleep

    How to Sleep Well

    weight

    How to Lose Weight

    banana bread

    How To Make Banana Bread

    scotland

    The Top 10 Hotels In Scotland

    Trending Tags

  • Education

    Top 10 Internet Browsers in the World

    The 20 Best Dentists in Delhi

    The 20 Best Dentists in Delhi

    Trending Tags

    • Magazine
    • Home
    • World
    • Politics
    • Business
    • Science
    • Tech
      drone

      The Top Drone Companies In India

      facebook

      How does Facebook Lock Profile work

      Cheap Component that can help to kill combustion cars

      Cheap Components that can help to Kill Combustion Cars

      TOP 10 Android Phones

      Top 10 Android Phones

      Top 10 YouTubers in India

      Top 10 YouTubers in India

      Elon Musk buys 9% stake in Twitter

      Trending Tags

    • Entertainment
      • All
      • Gaming
      • Movie
      • Sports
      sports betting apps

      Top 10 Sports Betting Apps

      Indian Actresses and their salaries

      Top 10 Indian Actresses and their salaries

      indian actors and their salaries

      Top 10 Indian Actors and their Salaries

      Wrestlers in India.

      Top 10 Wrestlers in India

      10 india web series

      Top 10 Netflix Series in India

      Richest Sportsmen in the World

      Top 10 Richest Sportsmen in the World

      Indian Women Cricket

      Women’s IPL Set to Begin in March 2023

      Life Changing

      Top 10 Life Changing Movies

      The Kashmir Files

      The Kashmir Files Smashes the Box office

    • Lifestyle
      • All
      • Fashion
      • food
      • Health
      • Travel
      Most Delicious Foods

      Top 10 Most Delicious Foods

      Top 10 Hill Stations in India

      Top 10 Hill Stations in India

      jewellers in dubai

      Top 10 Most Trusted Jewelers In Dubai

      Trusted Jewelers in Delhi

      Top 10 Most Trusted Jewelers in Delhi

      Most Famous People from Gujarat

      10 Most Famous People from Gujarat

      industries in India with most billionaires

      Top 10 Industries in India with the Most Billionaires

      sleep

      How to Sleep Well

      weight

      How to Lose Weight

      banana bread

      How To Make Banana Bread

      scotland

      The Top 10 Hotels In Scotland

      Trending Tags

    • Education

      Top 10 Internet Browsers in the World

      The 20 Best Dentists in Delhi

      The 20 Best Dentists in Delhi

      Trending Tags

      • Magazine
      No Result
      View All Result
      The Imperial Post
      No Result
      View All Result
      Home India

      Alakh Pandey: Journey from 5,000 to $1 Billion

      by Editorial Team
      July 21, 2022
      in India
      0
      alakh
      0
      SHARES
      11
      VIEWS
      Share on FacebookShare on Twitter

      He turned down a 75-crore salary and now owns India’s newest unicorn, Physics. Wallah

      Alakh Pandey used to make $5,000 per month, but his ed-tech company PhysicsWallah has become India’s 101st unicorn and the first edtech company to reach the milestone with series A funding. Pandey’s company received a $100 million (about 777 crores) investment from Westbridge and GSV Ventures, valuing it at $1.1 billion. The key could be in his demeanor. In a recent interview, he stated that he simply could not run a business that does not generate profits.

      When Alakh Pandey was 22, he dropped out of engineering school and returned to Allahabad to teach physics. He used to be paid $5,000 per month.

      If you’re reading this, you’ve probably heard of Unacademy, an ed-tech company. Alakh Pandey was reportedly offered Rs. 75 crore to join Unacademy. In fact, he mentioned the offer in one of the video clips, albeit without naming the company. However, he declined the offer in order to educate India’s underprivileged population. In the same video clip, he asks for people’s help to realize his dream. What is his goal? According to him, through Physics Wallah, even a rickshawala, a newspaper vendor, or a washerman can educate their child to become a doctor.

      Alakh Pandey

      In the same video, Alakh Pandey states that he will always oppose any investor putting money into his company because it will raise tuition fees. However, a lot appears to have changed since then, and Pandey appears to have changed his mind. According to the edtech startup, he will now use the funds for business expansion, branding, the opening of more PW learning centers, and the introduction of new course options.

      According to Wingdart founder Anurag Srivastava’s LinkedIn post, PhysicsWallah has earnings before interest, taxes, depreciation, and amortization (EBITDA) of +60 percent, whereas Unacademy has an EBITDA of -320 percent. In FY21, Unacademy’s revenue was 398 crore, while PhysicsWallah’s revenue was 350 crore in FY22. Srivastava also points out that, while Unacademy spends 411 crores on advertisements, PhysicsWallah spends almost nothing.

      Aniket Dhiman, a content strategist, also expressed gratitude to the PhysicsWallah CEO in a post. He recalls watching Alakh Pandey’s YouTube channel, which had only 5,000 subscribers at the time. Pandey used to teach without the use of any audio or video equipment. His YouTube channel had 6.91 million subscribers at the time of writing. He now rules the ed-tech industry for JEE & NEET.

      PhysicsWallah currently employs 1,900 people, including 500 teachers and 90-100 tech professionals. It also employs 200 associate professors to assist students with their inquiries, as well as another 200 experts who create exam questions and term papers. According to Forbes, the PhysicsWallah app was unable to handle the load due to close to 2 lakh hits and crashes. Over 35,000 people had enrolled in the course in four days, but the app was still down. In the interview, he described himself as “shattered.” “I expected them to feel cheated.” The tutor began refunding the money, his dream crumbled, and live classes were replaced with recorded sessions. Things returned to normal after a few weeks as the technical glitch was resolved. Students began to return to the app, and PhysicsWallah was back in action.

      Editorial Team

      Next Post
      pdf1

      How To Remove Password From PDF

      Recommended

      cambridge

      Top 10 Tourist Places In Cambridge

      10 months ago
      cardiff

      Top 10 Places To Visit In Cardiff

      10 months ago

      Popular News

        Connect with us

        The Imperial Post

        The Imperial Post is the leading newspaper of Europe and Asia. Bringing politics, business, markets, and science to light.

        Get in Touch

        Write to us at [email protected] if you want to get in touch or want us to cover something.

        • About
        • Advertise
        • Careers
        • Contact

        © 2022 The Imperial Post - Europe and Asia's leading newspaper.

        No Result
        View All Result
        • Home
        • Politics
        • World
        • Business
        • Science
        • Tech
        • Entertainment
        • Sports
        • Lifestyle
        • Travel
        • Education
        • Magazine

        © 2022 The Imperial Post - Europe and Asia's leading newspaper.