Physics Wallah Co-Founder On Journey From YouTube Channel To Unicorn
NDTV Education Conclave | Physics Wallah Co-Founder Prateek Maheshwari On Company's Journey From YouTube Channel To Unicorn
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Time of India
4 days ago
- Time of India
Janitri raises $1.4 million pre-series A led by investor Ashish Kacholia
Bangalore-based Janitri , a maternal healthcare technology company, has raised $1.4 million in a pre-Series A round led by investor Ashish Kacholia , Founder, Lucky Investments Manager, who has doubled down on the company, having also participated in the previous round. Participants in this round included Prateek Maheshwari , Pradip Todi via O2 Angels, and the tal64 syndicate. While the current funding round is primarily based on Janitri's proven B2B success, a portion of the raised funds will be strategically allocated to enter the consumer segment. Kacholia said in a statement, 'Arun has spent time and effort in understanding unmet customer needs in the 1000-days journey of maternal care. Janitri's product is compact, full function, and enables cost-effective monitoring of mother and newborn for both hospital and home segment. It is a large market in India and overseas and hopefully, Janitri will identify more such market gaps to build a large and profitable medtech company out of India.' Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Agarwal said in a statement, 'Janitri is building products focused on the 1000-day pregnancy journey of a mother and child. The goal is to bring joy to the mother, father, and the whole family as they anticipate and prepare for the arrival of their newborn into the world.' With this new funding, Janitri plans to expand its sales and support network across India; enhance its product suite with new offerings focused on in-home maternal healthcare; develop wearable vital signs patches for remote monitoring in the third trimester; create neonatal monitoring solutions for high-risk newborns and scale operations to reach Rs 3 crore monthly revenue in the next 12 months. Live Events The company's flagship product, Keyar, is an intrapartum monitoring device that tracks vital signs of pregnant women during labor, helping detect complications early and enabling timely interventions. Janitri addresses a critical gap in healthcare delivery — inadequate vital signs monitoring during labor, which contributes significantly to maternal and child mortality rates.
The Print
7 days ago
- The Print
Drishti IAS to continue independently 'for now', after considering Physics Wallah deal, funding via IPO
'At Drishti IAS, our decisions are always based on a long-term vision. Though we explored various funding options during last year, including Initial Public Offering (IPO) and discussions with a few strategic investors including Physics Wallah, we have decided to continue independently for now. We hope we'll keep doing better on our own, and if required, we'll explore other options as per circumstances in the future,' Drishti IAS CEO Vivek Tiwari told ThePrint. The institute said it will continue to run independently, as it has for several years. New Delhi: A few months ago, reports suggested that unicorn Physics Wallah was in talks to acquire Drishti IAS, which is among the oldest coaching institutes for civil services preparations. While they were dismissed as mere speculations, the IAS coaching institute has now said it was indeed exploring funding options last year, including through Physics Wallah, but ultimately decided not to go ahead with it. Four major coaching institutes—Drishti IAS, Chaitanya Academy, Rau's IAS Study Circle, and Sarathi IAS—were being considered for potential acquisition as part of a larger consolidation wave in the Indian EdTech and test prep market. With online-first players like Physics Wallah and Unacademy looking to strengthen their offline footprint and diversify into civil services coaching, talks with these legacy UPSC institutes had emerged as strategic opportunities to tap into a loyal student base, particularly in Hindi-medium and regional markets. Drishti IAS was founded in 1999 by popular teacher Vikas Divyakirti in Mukherjee Nagar. It became one of the most well-known institutes for Hindi-medium UPSC aspirants. The Delhi-based institute reported a revenue of Rs 405 crore and a profit after tax of Rs 90 crore in FY24. Vikas Divyakirti's popularity is such that he even appeared in the movie 12th fail, Videos of his classes and lectures receive millions of views on social media. The institute moved to Noida last year after infrastructure issues in Mukherjee Nagar were flagged, following the death of three UPSC aspirants in another institute in the Old Rajinder Nagar area, and fire incidents at other institutes in Mukherjee Nagar. Coaching institutes came under intense scrutiny by public and authorities for infrastructure lapses and licensing issues after these incidents. Sources at Drishti IAS said the institute remains profitable. Physics Wallah is known for offering affordable online coaching. It first gained popularity through YouTube and later launched online courses for JEE and NEET aspirants for admission in engineering and medical courses. But over the last few years, it has been expanding its offerings. It entered the UPSC coaching space after joining forces with OnlyIAS in 2022. The potential acquisition of Drishti IAS was seen as a strategic move to bolster Physics Wallah's offline presence and diversify its portfolio ahead of its planned IPO. (Edited by Ajeet Tiwari) Also Read: Drishti IAS relocating to Noida, Mukherjee Nagar may see exit of other coaching centres too
Time of India
07-06-2025
- Time of India
PhysicsWallah's acquisition talks with Drishti IAS falls through; Drishti to continue as an independent company
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The proposed acquisition of the UPSC test preparation platform Drishti IAS by edtech unicorn PhysicsWallah has fallen through, say industry two companies had been in discussions over a potential strategic investment and acquisition for several months, but the talks have ultimately not an official statement to Economic Times Digital, Vivek Tiwari, CEO of Drishti IAS, said, "At Drishti IAS, our decisions are always based on a very long-term vision. Though we explored various funding options during last year, including IPO and discussions with few strategic investors, including PhysicsWallah, we have decided to continue independently for now. We hope we'll keep doing better on our own and if required, we'll explore other options as per circumstances in the future.'The development comes at a time when India's edtech sector is seeing increased focus on consolidation, operational efficiency, and profitability amid a more cautious funding environment. Several players are re-evaluating growth strategies, with partnerships and acquisitions being explored in 1999, Drishti IAS has built a strong brand in Hindi-medium UPSC preparation, offering both online and offline programmes. PhysicsWallah, which entered the unicorn club in 2022, has been expanding beyond its core NEET-JEE focus into categories such as UPSC, state exams, and professional now, Drishti IAS has opted to chart its own path forward as an independent player in the evolving education the fiscal year 2023–24 (FY24), Drishti IAS reported a revenue of Rs 405 crore. Profit after tax (PAT) stood at Rs 90 crore, underscoring both operational efficiency and sustained demand in the civil services preparation segment. With demand for quality UPSC coaching continuing to grow, the segment remains highly competitive, with both established players and digital-first platforms vying for market share.
