Physics Wallah (PW), an edtech unicorn, has appointed Amit Sachdeva as its new chief finance officer (CFO). Amit is a former Blinkit executive, wherein, in his new role, he will lead the strategic and financial initiatives at the company.
Furthermore, the appointment will also focus on ramping up its financial oversight and sustainable growth. Speaking of Amit’s experience, he brings more than two decades of experience and has worked for multiple companies which include IGT Solutions and Wipro.
“Amit’s experience in financial leadership and his focus on robust corporate governance will be invaluable as we continue our efforts to grow and broaden our educational impact. His approach to finance as a transformative tool aligns with PW’s goals,” said Alakh Pandey, CEO of Physics Wallah.
Physics Wallah was Initially launched as a YouTube channel in 2014 and was established to offer free education to over 4.6 crore (46 million) students through its more than 112 YouTube channels across five vernacular languages. Currently, it has 5.5 million paid students.
Physics Wallah (PW) raised USD 210 million in a Series B funding round in September. The funding round was led by Hornbill Capital. According to a credible data intelligence platform, the company’s revenue from operations surged to Rs 1,940.4 crore in FY24, compared to Rs 744.3 crore in FY23.