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Edtech unicorn PhysicsWallah, which will launch a Rs 3,480-crore initial public offering (IPO) on November 11, plans to double down on its offline network and diversify into new geographies, particularly in the South.
“Offline is a compounding story. We made heavy investments offline. Our online business was cash generating, so we took money from there. In the last two years, we have opened 170 centres,” Alakh Pandey, cofounder and CEO of PhysicsWallah, told ET.
The company, with around 300 offline centres, aims to have a total of 500 centres in…
