PhysicsWallah

Listed · NSE · PWLNot ranked by Uback

Uback segment Edtech & future of work › K-12 › Tutoring ranking coming soon

Market value on the ranking date

Market capINR 40,568 cr (USD 4.2bn) · Oct 2026

ListingNSE · PWL

Listed sinceNov 2025

Market cap / revenue10.4x

Published figures

SectorOnline and offline test preparation

Key figure4.03M daily active users (Q1 FY27)

PhysicsWallah and its private challengers in India

Non-listed Indian startups that compete with PhysicsWallah, as ranked by Uback on 7 Oct 2026. Listed companies are never ranked.

#	Company	Valuation
—	PhysicsWallahListed · NSE · PWL	INR 40,568 cr (USD 4.2bn)Market cap · Oct 2026
12	EruditusEdtech › university executive education	≈ USD 2.3bnUnicorn · AI estimate	Back
16	upGradEdtech › higher education and upskilling	≈ USD 1.7bnUnicorn · AI estimate	Back

Full India ranking →

Uback is a content publisher. It ranks non-listed companies only and gives no opinion on listed companies: the figures above are facts from company filings and market data, at the date shown, never a recommendation. Sources are kept in Uback’s data and not shown per company. No intention can be declared on a listed company. Method