Last week, PhysicsWallah used its Q4 earnings to quietly redraw one of its most debated expansion plans: K-12 schools.
After investors questioned how far India’s only listed edtech firm would venture into schools, offline coaching, and other adjacencies, the Noida-based company told the market that its K-12 ambitions will now be pursued largely through an asset-light, online-led route. It will not deploy further capital in schools and limit its revenue contribution to less than 1%.