Edtech unicorn PhysicsWallah plans to invest ₹460.55 crore from its upcoming IPO into offline and hybrid centres across India. The firm, which already runs 198 centres in 109 cities, will expand Vidyapeeth, Pathshala, and PW Other Centres. The IPO aims to raise ₹3,820 crore. The move highlights its “phygital” strategy and strong push into tier-2 and tier-3 cities.