The company was founded by Alakh Pandey in 2016 as a YouTube channel aimed at teaching the physics curriculum for the Joint Entrance Examinations (JEE).

Physics Wallah, or "PW", was founded in 2016 as a YouTube channel hosted by Alakh Pandey, an educator hailing from Prayagraj, Uttar Pradesh.

[15][16] Through a video uploaded on the same YouTube channel, they delved into the reasons behind their departure from Physics Wallah, citing the company's atmosphere as the primary factor.

[21][22][23] Later the same year, Physics Wallah acquired multiple startups that focused on publishing books aimed at helping students prepare for various competitive exams.

[26] In December 2024, Government of Andhra Pradesh and Physics Wallah, have signed a Memorandum of Understanding (MoU) to establish the University of Innovation (UoI).

[27] A 7-episode web series named Physics Wallah on the life of Alakh Pandey (portrayed by Shreedhar Dubey) and his company was released on 15 December 2022 on Amazon Mini TV.