Edtech founders positive on PhysicsWallah IPO impact, others more circumspect

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IPOs have dominated startup conversations this year. However, unlike the AI buzz, an 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 Rs 3,820 crore—is viewed as the torchbearer that could put the industry back in a positive light….



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Edtech founders positive on PhysicsWallah IPO impact, others more circumspect


IPOs have dominated startup conversations this year. However, unlike the AI buzz, an 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 Rs 3,820 crore—is viewed as the torchbearer that could put the industry back in a positive light….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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