September 30th, 2024 – Riyadh, Saudi Arabia – Physics Wallah (PW), India’s leading multinational ed-tech platform committed to democratising education globally, has expanded its operations to Riyadh, Kingdom of Saudi Arabia. This significant milestone was announced during an event at Al-Alia International Indian School, Riyadh, where a student success seminar was conducted.
Imran Rashid, Chief Business Officer of PW, and Md Saad Salmaan, Chief Business Officer of PW Gulf, addressed the students and parents at the seminar, offering valuable insights on achieving success. The event served as an introductory platform for PW Gulf to engage with the educational community in Riyadh. Attendees had the opportunity to interact directly with PW Gulf representatives, learn about the innovative educational solutions offered, and discuss the specific needs of students in the region. The event featured presentations on PW Gulf’s comprehensive educational offerings, designed to support various curricula, including British, American, and National systems. This tailored approach ensures that students receive relevant and effective learning experiences aligned with their academic goals.
PW Gulf is committed to expanding its presence in the region by offering curricula tailored to the Kingdom’s distinctive educational needs. With 14 offline centres across the UAE and Oman—one of the largest networks in the GCC—along with established online presence in Kuwait, Qatar, and Bahrain, this launch is well-aligned with the Kingdom’s Vision 2030. It supports the Human Capability Development Programme, a core initiative aimed at empowering citizens and enhancing global competitiveness through education at every level.
Furthermore, technology plays a crucial role in personalising education at PW Gulf, where the platform is designed for accessibility, enabling students to seamlessly access learning materials across mobile devices and computers. This flexibility empowers students to engage with classes anytime, anywhere. A standout feature is the indigenously built Alakh AI education suite, powered by AI Guru, a 24/7 academic guide that provides real-time answers to student queries. By tracking frequently asked topics and integrating this data with test performance, the platform creates personalised study plans and targeted revision classes. The PW Smart Doubt Engine, a component of the Alakh AI suite, efficiently resolves 80% of the 1.2 million monthly doubts in real time with an impressive 85% accuracy. This allows teachers to focus more on core teaching, significantly enhancing the overall learning experience.
Md Saad Salmaan, Chief Business Officer of PW Gulf said, “Early childhood education and lifelong learning are pivotal aspects of the Human Capital Development Programme. At PW Gulf, we are determined to transform the GCC education paradigm by elevating student potential and recognising their achievements for greater success. We instil values such as long-term thinking and a winning mindset in students that will help them succeed in life. We want to create better learning for all students in the Gulf by leveraging our technology expertise gained from teaching over 46 million students in India.”
He further added, “Recognising the unique needs of students in the Kingdom, we are excited to launch specifically tailored programmes for this market, focusing on top-class faculty, advanced learning technologies, live and recorded lectures, and much more.”
Earlier this month, Physics Wallah (PW) closed its Series B funding round, raising USD 210 million. This investment brings the company’s post-money valuation to an impressive USD 2.8 billion, a 2.5x jump over its last valuation of USD 1.1 billion. The funding round was led by Hornbill Capital, with significant participation from Lightspeed Venture Partners, alongside the continued support of its existing investors, GSV and WestBridge. The latest round marks one of the largest primary capital raises in the ed-tech sector in recent times, reflecting renewed investor confidence as companies transition to hybrid learning methods to meet the evolving requirements of students.
About Physics Wallah:
Physics Wallah (PW), India’s leading EdTech unicorn, was founded in 2020 by Alakh Pandey (Founder & CEO) and Prateek Maheshwari (Co-Founder). Headquartered in Noida, Uttar Pradesh, PW is democratising education at scale across India through online, offline and hybrid platforms, and has reached 98% of the country’s pin codes. Initially launched as a YouTube channel in 2014, PW has been growing exponentially, now offering free quality education to over 46 million students through its 112+ YouTube channels in 5 vernacular languages. The PW app has been downloaded over 30 million times, and the company has over 5.5 million paid students. PW is creating the biggest hybrid education ecosystem in the country by establishing tech-enabled offline and hybrid centres in over 105 cities. worldwide. As a lifelong learning partner, PW’s offerings span various educational segments, including 2 Gurukulam Schools, test preparation in 43 categories, a skilling vertical, higher education, and study abroad. Additionally, the company also has an Institute of Innovation (IOI) that provides world-class 4-year residential job-ready programs.