PhysicsWallah Co-founders Sell Rs 360 Crore Worth of Shares
PhysicsWallah, a leading Indian edtech platform, is set to witness a significant shift in its shareholding. Co-founders Alakh Pandey and Prateek Maheshwari have announced plans to sell shares worth Rs 360 crore through an offer for sale. This move comes on the heels of the company's recent Rs 3,820 crore IPO, which included a fresh issue of Rs 3,100 crore and an offer for sale worth Rs 720 crore.
Alakh Pandey, the CEO and co-founder of PhysicsWallah, has seen a remarkable surge in his wealth. According to the Hurun India Rich List 2025, his net worth has increased by 223% to Rs 14,510 crore, catapulting him ahead of renowned actor Shah Rukh Khan in the rankings. Khan, whose net worth rose to Rs 12,490 crore this year, has made his first entry into the billionaire ranks.
Pandey, born on October 2, 1991, in Prayagraj (Allahabad), Uttar Pradesh, is an educator, YouTuber, and entrepreneur. He co-founded PhysicsWallah, an edtech platform that provides affordable online and offline coaching for competitive exams like NEET and JEE. His platform has been instrumental in transforming India's online education sector.
The sale of shares by Pandey and Maheshwari is expected to dilute their stake in PhysicsWallah. However, the company's IPO and the subsequent offer for sale have opened up new opportunities for investors. Pandey's meteoric rise in wealth reflects the growing success and impact of his edtech platform in India's education sector.