Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round.

The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week.

As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm.

The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore.

“Pursuant to share purchase agreement dated November 3 read with the amendment letter dated November 3, 2025 entered into, 14 employees of the company have transferred an aggregate of 10,722,708 equity shares… to Think Ind

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