The pioneer of Physics Wallah, Alakh Pandey has become synonymous with quality education in India. His unique and simple style of teaching has made him a messiah for students facing difficulty in understanding concepts. With a desire to make education accessible to all, he has played an important role in revolutionizing the learning process, strengthening his financial standing. In this article, we will look at Alakh Pandey net worth, his monthly salary, and other valuable assets.
Alakh Pandey Wiki
Alakh Pandey is the person who started and runs Physics Wallah, the top Ed-tech platform in India. Physics Wallah offers affordable and high-quality education, aiming to make learning accessible to everyone. Alakh Pandey is determined to create a learning platform that is affordable for all.
|Birth Date and Age
|October 2, 1991; 32 years
|Prayagraj, Uttar Pradesh
|Noida, Uttar Pradesh
|PHYSICSWALA: PROOF FOR EXPANDING UNIVERSE (2016)
|Most Popular Video
|Class 11 CHEM: Chapter 1: Some Basic Concepts of Chemistry 01 || Laws of Chemical Combination ||
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Alakh Pandey Net Worth, Monthly Salary, Assets
Alakh Pandey, a notable individual in the educational realm, has carved a niche for himself through his dedicated efforts and passion for teaching. Born with a zeal for education, he embarked on a journey to make learning accessible and engaging for students. With a commitment to simplifying complex concepts, Alakh has become a popular figure among learners of all ages.
|Rs. 6 crores
|Rs. 15 crores
|Rs. 2000 crores
|Properties Owned and their Valuation
|Rs. 20 crores
|Miscellaneous Assets and their Valuation
|Rs. 6.53 crores
Source: Alakh Pandey Net Worth
Alakh Pandey’s Personal Life
Alakh Pandey was born on October 2, 1991, in Prayagraj, Uttar Pradesh. His parents are Satish Pandey, who works as a private contractor, and Rajat Pandey, a teacher at Vishnu Bhagwan Public School. Alakh has a younger sister named Aditi, who works in an IT company. Growing up, the family faced financial challenges.
Alakh attended Bishop Johnson School for his early education. He did well in his high school board exam, scoring 93%. After completing class XII in 2010, he started preparing for engineering. Alakh performed well in the UPSEE entrance exam, earning a spot to study B. Tech in Mechanical engineering at Harcourt Butler Technical Institute (HBTI) in Kanpur, Uttar Pradesh. However, he decided to leave college in his fourth year because he wasn’t interested in the teaching style of his professors.
To support his family financially, Alakh began giving private tuition to students of various classes, from mid-section to higher secondary. His first salary from this tutoring was Rs 5000. Alakh married journalist Shivani Dubey on August 22, 2023. Several coaching institutes and colleges tried to hire Alakh Pandey by offering him packages as high as 75 LPA, but he turned them down because his ultimate goal was to provide free education to all students.
Alakh Pandey, a self-made entrepreneur, started tutoring a school in Allahabad while he was in Class 11. Realizing that students had limited access to offline lectures, he launched his YouTube channel, “Physics Wallah – Alakh Pandey,” in 2016 with just Rs. 30,000 to provide free online lessons. Although his videos initially got few views, he improved their quality over time. Alakh Pandey now manages 9 other YouTube channels.
His company, Physics Wallah, has taught over 60 lakh students and employs 1,500 people, including 300 teachers, across 16 Physics Wallah Pathshala centers. Over 5 lakh students spend at least 1.5 hours per day on the Physics Wallah app, which is now valued at $97.2 million. The channel mainly focuses on courses for IIT, JEE Mains, JEE Advance, and NEET exams, with around 11.4 million subscribers.
In 2022, Physics Wallah entered the offline learning market by opening Physics Wallah Vidyapeeth in Kota, Rajasthan, and expanded to other cities like Patna, Pune, Lucknow, New Delhi, Varanasi, etc. The company also offers courses for UPSC, MBA, GATE, and UGC NET.
Alakh Pandey launched the Physics Wallah app in 2020 to reach rural students, offering 90% of its information for free. The app provides live classrooms, lecture notes, video assignments, video lectures, and exam series. Within four days of its launch, more than 35,000 students enrolled in the courses.
As of Feb 2023, Physics Wallah is in talks to raise at least $250 million at a valuation of $3.3 billion, three times higher than its unicorn valuation of $1.1 billion. This puts it in the same league as Unacademy, marking a successful year for the company amidst challenges faced by other edtech startups. The company wants to spread its reach across the entire country and link over 2.5 billion students to its platform by 2025. Additionally, Alakh Pandey’s Physics Wallah team is actively involved in social work.
Many young people really like the way Alakh teaches, especially medical students who struggle with physics. Alakh explains physics and chemistry principles and formulas from NCERT books in a way that makes it easy to understand. His teaching is so good that even school and coaching teachers recommend his videos. Alakh thinks the main problem with online coaching is that students can’t ask questions directly.
When making his videos, Alakh ensures that every small question a student might have about the topic is answered. Not only students in India, but also in countries like Bangladesh, Nepal, Pakistan, and Dubai appreciate his teaching style. Alakh’s company Physics Wallah is working to help students who speak Bengali, Marathi, Tamil, Telugu, Odia, Gujarati, Malayalam, and Kannada. They want to reach students in different regions and languages to make learning more accessible.
In 2022, Amazon launched a web series called Physics Wallah, which is about the life of Alakh Pandey. Then, in February 2023, Alakh Pandey had a meeting with Yogi Adityanath, the chief minister of Uttar Pradesh. They discussed ways to make the education system in the state better and talked about setting up coaching centers in Uttar Pradesh.
Alakh Pandey Net Worth
Alakh Pandey is believed to have a net worth of $240 million, equivalent to Rs. 2000 crores. His company, Physics Wallah, made Rs. 350 crores last year. The company has 19000 employees and operates 20 offline centers. Recently, Alakh Pandey raised Rs. 777 crores for his company. Right now, Physics Wallah net worth is around $950 million, which is equivalent to Rs. 7,850 crores.
Alakh Pandey Income and Salary
Alakh Pandey makes a yearly income of Rs. 15 crores. He earns this money from different places like social media, YouTube, the Physics Wallah app, coaching services, and events. In June 2022, Physics Wallah became a big success by raising $101 million in funding from Westbridge and GSV Ventures, making it the 101st unicorn. Alakh Pandey salary is Rs. 6 crores per month.
Alakh Pandey recently bought a fancy duplex apartment in Noida, India for a whopping Rs. 20 crores. It’s in one of the nicest neighborhoods and is considered one of the most expensive properties there. The apartment is big, covering 5,000 square feet. It has six bedrooms, seven bathrooms, a private swimming pool, a gym, a home theater, and a roomy living and dining area. Additionally, in 2019, he rented an apartment in the Lukerganj area.
Alakh Pandey Assets
Alakh Pandey started with a Hyundai i10 as his first car. Then, in 2015, he bought a new Skoda Octavia for Rs. 30.45 lakhs. After the success of Physics Wallah, Alakh Pandey spent a lot of money on three luxurious cars. He now has a Range Rover Sport worth Rs. 1.84 crores, a Mercedes GLS worth Rs. 2.96 crores, and an Audi Q8 worth Rs. 1.43 crores.
Achievements of Alakh Pandey
Alakh Pandey has won several awards for his achievements:
- In 2021, he was recognized as the ‘Rising EdTech Startup of India’ at ZEE Rise Startup by Piyush Goyal.
- In 2022, he received an award from Arvind Kejriwal for his outstanding contribution to education.
- Also in 2022, he was listed among the ‘Times 40 Under 40 North -2022 Leaders’ and received recognition at the e4m D2C Revolution Summit and Awards.
- In February 2023, he was honored with the Teaching Excellence Award by Entrepreneur India.
- In January 2023, he was named ‘Ed-Tech CEO of The Year’ by BW Businessworld.
Additionally, Alakh Pandey has been featured on the covers of various magazines such as Outlook (Hindi) and Entrepreneur’s Startups.
Philanthropy Done by Him
Alakh Pandey is focused on helping students who face challenges in getting a good education. He started scholarships and financial aid programs to support those who can’t afford the educational resources provided by Physics Wallah. In addition to these scholarships, Alakh has also given money to different charities and causes, showing his strong dedication to making a positive difference in the lives of those who need help.
Alakh Pandey has achieved notable success in the world of education. The impact of his work is evident in the positive response from students and fellow teachers alike.