Edtech startup PhysicsWallah signed a long-term joint venture (JV) with Jodhpur-based test prep platform Utkarsh Classes to jointly scale operations and offerings.
Both startups will be able to leverage synergies and core competencies to jointly foray into new categories and provide value addition to students across multiple exam categories as a result of the move. According to a joint statement, the offerings of both startups are complementary, and knowledge sharing between the two players will strengthen the JV. As part of the agreement, the two platforms will launch co-branded educational products as well as academic training and course offerings in a variety of categories. Furthermore, the collaboration will facilitate the transfer of study materials from PhysicsWallah to Utkarsh Classes.