Physics Wallah, an Indian edtech startup, has raised $210 million in a Series B funding round led by Hornbill Capital, boosting its valuation to $2.8 billion, a significant increase from its previous valuation of $1.1 billion. The funding round saw participation from Lightspeed Venture Partners, GSV Ventures, and WestBridge Capital, marking a notable investment in a sector facing dwindling investor interest post-pandemic. Founded by Alakh Pandey in 2016, Physics Wallah began as a YouTube channel and has grown to serve 46 million students, offering affordable courses in engineering and medical entrance exams. The company reported a 250% revenue growth in FY23 and plans to use the new funds for expansion and technology enhancements, including potential acquisitions. Despite the recent downturn in edtech funding, the company’s success reflects a recovery trend in investor confidence. Physics Wallah aims to democratize education by providing accessible learning resources while maintaining a freemium business model.