In 2016, Alakh Pandey, with a big dream and little money (just Rs 30,000!), decided to change how people learn. He used a simple smartphone camera, a tripod, a whiteboard, and most importantly, his love for teaching. He started a YouTube channel Physics Wallah.
Alakh used to be a teacher at a special learning center, but he couldn’t afford fancy equipment. This didn’t stop him though! He wanted to help students, especially those who didn’t have a lot of money. He made his lessons on Physics and Chemistry (except the inorganic parts) fun and easy to understand.
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How PW Became a Unicorn
While many contemporary ed-tech companies focus on an audience (top 10-15%), Physics Wallah focuses on affordability. Their lower pricing strategy allows them to tap into the vast majority (85-90%) of students who might not otherwise have access to quality education. This unique approach has proven to be a major advantage, making Physics Wallah an exception in the edtech landscape.
Instead of relying heavily on expensive marketing campaigns, PW utilizes the strong personal brand of its founder, Alakh Pandey, to generate buzz. Students connect with Alakh Sir’s unique style and passion, leading to powerful word-of-mouth marketing that other companies envy.
While competitors like Unacademy, Vedantu, and BYJU are cutting costs and laying off employees, PW is in expansion mode. They’re opening more coaching centers, adding new classes, and even planning to teach in different Indian languages! Their ultimate dream? To reach 250 million students by 2025! They already have over 20 “Pathshalas” – kind of like offline classrooms – with over half a million students last year. PW seems to believe that meeting students face-to-face and making learning easier to access is the key to their future success.
In June 2022, PW became a “unicorn” by raising a huge amount of money, $100 million! But what sets them apart is that they’re making money, unlike most other educational companies that are burning money. It seems like PW is doing something right!
Alakh Pandey – Early Life and Career
Born in Prayagraj, on 2nd October 1991, Alakh Pandey’s path wasn’t always smooth. He started studying Mechanical Engineering, but due to financial difficulties, he had to drop out. However, Alakh didn’t give up. He started small, teaching young students, and discovered his love for teaching.
Seeing the power of the internet, Alakh created a YouTube channel called “Physics Wallah” in 2016. He explained complex topics clearly and engagingly, connecting with millions of students. He even launched the Physics Wallah app in 2020, offering more learning opportunities.
Alakh Pandey’s dedication to free educational content was game-changing. His YouTube channel, with almost 8 million subscribers, helps students prepare for competitive exams like IIT JEE and NEET, making their dreams more reachable. This dedication led Physics Wallah to become a huge success story in India.
Alakh Sir’s impact goes beyond the online world. In 2023, he met with the Chief Minister of Uttar Pradesh, aiming to improve the state’s education system and bring quality coaching to more students. His journey is an inspiring story of overcoming challenges, following his passion, and making a positive difference.
Prateek Maheshwari – The Co-founder of PW
Prateek Maheshwari is a co-founder of Physics Wallah. He was the main brain behind launching the Physics Wallah app successfully. He was recently elected as the co-chairman of the India Edtech Consortium (IEC), an industry body that operates under the umbrella of the Internet and Mobile Association of India (IAMAI).
As the lockdown extended in 2020, offline coachings had to shut their doors. Prateek Maheshwari, co-founder of Physics Wallah, played a key role in elevating Physics Wallah to new heights during this period. He and Alakh Sir together launched the PW app in 2020. This was a difficult time for students as many offline coaching centers closed. Physics Wallah offered a solution with its app, providing complete study materials for competitive exams.
Their first attempt wasn’t perfect. The app crashed due to the overwhelming number of students (which was more than 50,000) for the first live class. But Prateek’s team, along with Alakh, quickly fixed the issues and kept the app running smoothly. Alakh, who initially invested his YouTube earnings (around $20,000), showed great dedication and believed in their vision. This small investment eventually grew into a billion-dollar company.
FAQs
What is Physics Wallah?
Physics Wallah is an EdTech company that offers affordable online and offline coaching for competitive exams like IIT JEE and NEET and other Govt. exams in India.
Who is the founder of Physics Wallah?
Alakh Pandey is the founder and passionate face of Physics Wallah. He started the company with a YouTube channel in 2016 and has grown it into a billion-dollar company.
Who is Prateek Maheshwari?
Prateek Maheshwari is the co-founder of Physics Wallah and played a crucial role in developing their successful mobile app.
What are the benefits of using the Physics Wallah app?
Physics Wallah offers various benefits, including access to live and recorded lectures, mock tests, study materials, doubt-clearing sessions, and personalized learning features.