Physics Wallah rolls out 50 offline centres, manufacturers them Vidyapeeth Facilities

New Delhi, Edtech agency Physics Wallah has rolled out 50 offline centres, which it manufacturers as “Vidyapeeth Facilities”, with funding of round Rs 82 crore, a senior firm official stated on Monday. The corporate additionally plans to dole out scholarships price round Rs 160 crore within the subsequent tutorial 12 months.

“Now we have added 50 Vidyapeeth Centres with funding of USD 10 million (Rs 82 crore). We shall be leveraging in-house tech innovation and offline options to assist college students obtain their targets.

“Vidyapeeth facilities will provide assist for greater than 15 hours a day, and college students may even have the supply to escalate any problem to our head workplace by way of the PW app,” PW co-founder Prateek Maheshwari informed PTI.

Vidyapeeth is a tech-integrated offline classroom comprising 650 good lecture rooms.

The edtech unicorn is already operating 11 Vidyapeeth facilities in varied cities throughout the nation.

“By Vidyapeeth, top-quality schooling is made accessible to college students in distant elements of the nation, enabling them to review in their very own cities.

“We goal to assist dad and mom get monetary savings that might have been spent on hostel charges and different residing bills – which is often twice the quantity of educational charges,” PW founder Alakh Pandey stated.

The Vidyapeeth facilities will provide college students common each day apply issues, video quizzes, and homework monitoring, which could be accessed on the parent-student dashboard.

Moreover, PW will add all lectures on its app after each class.

The corporate has crossed over 90,000 registration within the present tutorial 12 months and goals to succeed in 1.5 lakh in the course of the session for JEE, NEET, basis exams preparations.

The corporate in an announcement shared that it has offered scholarships price USD 12 million (about Rs 98 crore) by PW Scholarship and Admission Check (SAT) within the 2023-24 tutorial 12 months to meritorious college students and in addition those that can’t afford high quality offline schooling.

“The corporate additional goals to present such scholarships price USD 20 million (about Rs 160 crore) within the subsequent tutorial 12 months,” PW stated.