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Global investment firm Think Investments has infused Rs 136 crore into PhysicsWallah (PW) through a secondary share transaction, underscoring strong investor confidence in the edtech firm ahead of its upcoming public listing.
The deal was executed at Rs 127 per share, a 17% premium over the IPO’s upper price band of Rs 109.
As part of the transaction, Think Investments picked up 1.07 crore shares, translating to a 0.37% stake in the company, according to a PTI report. Notably, none of the founders participated in the secondary sale, signaling their…
