IPOs have dominated startup conversations this year. However, unlike the AI buzz, an class=”link inline_link body_main_link” href=”https://yourstory.com/tag/ipo” data-clickurl=”https://yourstory.com/tag/ipo” data-pageurl=”https://yourstory.com/2025/09/physicswallah-ipo-big-test-edtech-alakh-pandey” data-clicktext=”IPO” data-tagposition=”1″ data-position=”1″ data-sectiontype=”article body” data-emailid=”ishan.p@yourstory.com”>IPO is all about proving a business is ready for public scrutiny. Few sectors need that credibility more than edtech, which has swung from pandemic-fuelled boom to painful corrections.
PhysicsWallah (PW)—which has now filed papers with the Securities and Exchange Board of India (SEBI) for an initial public offering worth class=”link inline_link body_main_link” href=”https://yourstory.com/2025/09/edtech-physicswallah-hybrid-model-fuels-3000-crore-growth-ipo” data-clickurl=”https://yourstory.com/2025/09/edtech-physicswallah-hybrid-model-fuels-3000-crore-growth-ipo” data-pageurl=”https://yourstory.com/2025/09/physicswallah-ipo-big-test-edtech-alakh-pandey” data-clicktext=”Rs 3,820 crore” data-tagposition=”2″ data-position=”2″ data-sectiontype=”article body” data-emailid=”ishan.p@yourstory.com”>Rs 3,820 crore—is viewed as the torchbearer that could put the industry back in a positive light….

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)