PhysicsWallah’s IPO objectives; Slice SFB FY25 report

Happy Friday! PhysicsWallah plans to double down on a bet that can protect it from the vagaries of the online learning space. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ TVS sells Rapido shares
■ Ola sales, losses dip
■ PB Healthcare funding

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Offline network, geographical expansion in focus as PhysicsWallah preps for IPO

(L-R) Prateek Maheshwari and Alakh Pandey, founders, PhysicsWallah

Edtech unicorn PhysicsWallah plans to channel a major portion of the funds from its upcoming IPO into expanding its offline presence…