Alakh Pandey, founder of the edtech unicorn PhysicsWallah, has overtaken Bollywood superstar Shah Rukh Khan after his wealth surged by 223% to Rs 14,510 crore. Shah Rukh Khan's net worth increased to Rs 12,490 crore this year. Pandey is making headlines following his appearance on the Hurun India Rich List 2025.
PhysicsWallah has reported significant financial gains alongside rapid expansion. The company reduced its net losses sharply to Rs 243 crore in FY25 from Rs 1,131 crore the previous year, while revenue grew to Rs 2,886 crore from Rs 1,940 crore, reflecting strong market presence and robust growth.
Shah Rukh Khan Enters the Billionaire Club
For the first time, Shah Rukh Khan joined the billionaire club, recording a 71% increase in wealth compared to 2024. His financial growth was driven by Red Chillies Entertainment, co-owned with his wife Gauri Khan, which posted a net profit of Rs 85 crore in FY23. Additionally, his blockbuster film Jawan grossed Rs 640.25 crore domestically and Rs 1,160 crore worldwide, further contributing to his overall net worth.
PhysicsWallah's IPO Plans
PhysicsWallah has submitted updated documents to SEBI for a Rs 3,820 crore initial public offering (IPO). The offering includes a fresh issue of Rs 3,100 crore and an offer-for-sale (OFS) worth Rs 720 crore. Promoters Alakh Pandey and Prateek Maheshwari plan to sell shares worth Rs 360 crore through the OFS.
Major banks, including Kotak Mahindra Capital, Goldman Sachs (India) Securities, JP Morgan India, and Axis Capital, have been appointed to manage the offering.
From YouTube Educator To Unicorn Founder
Alakh Pandey started teaching on YouTube in 2016 after leaving Harcourt Butler Technical University. Today, he is one of India's fastest-growing entrepreneurs. His journey from online educator to founder of a billion-dollar edtech company highlights the transformative power of talent, perseverance, and innovation in the modern knowledge-driven economy.