Lightspeed exits PhysicsWallah with ₹550 crore stake sale

VC firm Lightspeed Venture Partners exited its stake in edtech unicorn PhysicsWallah, realizing ₹549.7 crore from the sale of 4.67 crore shares. The exit signals edtech's transition from growth-at-all-costs to profitability—builders should watch whether secondary liquidity for early investors becomes the norm, and whether PhysicsWallah's unit economics justify the capital deployed.

Source: Inc42 ↗