Salary Guide · India 2026
PhysicsWallah (PW) is India's most credible edtech company in 2026, known for affordable JEE/NEET prep. It filed for an IPO and is profitable, unlike its peers. The figures below reflect total CTC — base, variable, and equity combined — at the 25th–90th percentile of reported PhysicsWallah offers in India, cross-checked against AmbitionBox and Glassdoor.
Software Engineer · Senior / 6–9 yrs
₹30L – ₹48Ltotal CTC
Salary bands for 6 roles at PhysicsWallah, from Software Engineer to Program Manager — see all below.
Working at PhysicsWallah
~6,000+ employees. Pre-IPO (filed DRHP 2024, IPO expected 2025-26). Revenue ₹1,900+ Cr FY24. Profitable: rare in Indian edtech. Valuation ~$2.8B.
What the interview actually tests
Most stable edtech employer in India 2026. IPO signal lifted ESOP credibility vs Unacademy and Byju's. Pay is lower than unicorn tech companies but employment stability and ESOP value are the differentiators. Interview: moderate DS&A + system design with edtech flavour (video delivery, live class, personalised learning).
Role
What Software Engineers actually earn at PhysicsWallah in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹10L – ₹16L | ESOP₹0.5L – ₹2L/yr |
| Mid-level / 3–5 yrs | ₹18L – ₹30L | ESOP₹1L – ₹4L/yr |
| Senior / 6–9 yrs | ₹30L – ₹48L | ESOP₹3L – ₹8L/yr |
PW post-IPO ESOP credibility lifted. Most stable edtech pay 2026.
Role
What Educator / Content Experts actually earn at PhysicsWallah in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹10L – ₹22L | None |
| Senior / 6–9 yrs | ₹22L – ₹50L | None |
PW educator. Top earners ₹1Cr+ via revenue-share.
Role
What Business Analysts actually earn at PhysicsWallah in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹4.4L – ₹6.1L | None |
| Mid-level / 3–5 yrs | ₹6.5L – ₹8L | None |
AB yoe-bucket scrape: Business Analyst 0-1y (n=42); n=42
Role
What Data Engineers actually earn at PhysicsWallah in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹5.8L – ₹7.1L | None |
AB scrape: Data Analyst (n=84); n=84
Role
PhysicsWallah's pay bands for Product Managers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹13.9L – ₹17.3L | None |
AB scrape: Product Manager (n=61); n=61
Role
Total CTC ranges for Program Managers at PhysicsWallah India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹9.1L – ₹10.8L | None |
AB scrape: Program Manager (n=85); n=85