Physics Wallah (PW), a leading edtech company, has appointed Amit Sachdeva as its new CFO (Chief Financial Officer). Sachdeva previously served as CFO at Blinkit, bringing years of financial experience from top roles in consumer technology, IT, and e-commerce sectors, including positions at IGT Solutions and Wipro.
Background and Expertise
Amit Sachdeva is well-qualified, holding titles as a Chartered Accountant from the Institute of Chartered Accountants of India and a Certified Public Accountant (CPA) in the USA. He is also an alumnus of the prestigious Shri Ram College of Commerce (SRCC) at the University of Delhi. His extensive background will be pivotal in guiding Physics Wallah’s strategic finance and growth initiatives.
Aiming for Sustainable Growth
In his new position, Amit will focus on advancing strategic financial planning and ensuring strong corporate governance at Physics Wallah. The company, known for its mission to make quality education accessible, aims to leverage Sachdeva’s experience to continue expanding its reach and educational services.
Leadership Insights
Sharing his excitement about joining PW, Amit Sachdeva commented, “Joining Physics Wallah is a special opportunity to help an organization that makes education available to so many students. I am grateful to Alakh Sir and Prateek Sir for trusting me with this role and share the vision of supporting students as they strive to reach their goals.”
Alakh Pandey, the CEO of Physics Wallah, spoke highly of Amit’s appointment. He stated, “Amit’s rich experience in financial leadership and his emphasis on strong corporate governance will greatly benefit our team. His belief in using finance as a tool for transformation matches our objectives, and we are excited to have him onboard.”
Recent Fundraising Success
This leadership change comes shortly after Physics Wallah raised $210 million in a Series B funding round, boosting its valuation to $2.8 billion. This figure is more than double its $1.1 billion valuation from the Series A round. The funding, led by Hornbill Capital, included contributions from Lightspeed Venture Partners, GSV, and WestBridge through a mix of primary and secondary transactions.
With Amit Sachdeva joining as CFO, Physics Wallah aims to strengthen its financial strategies and support sustainable growth, continuing its mission to make education more accessible for students across the country.
