PhysicsWallah is eyeing buys to up UPSC test-prep business

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Edtech firm PhysicsWallah is evaluating acquisitions to strengthen presence in the lucrative Union Public Service Commission (UPSC) test preparation segment, people in the know said.

“PhysicsWallah is in the process of valuing various assets in the IAS-training space, including Chaitanya Academy, Drishti IAS and Rau’s IAS Study Circle, for a potential acquisition,” one of the persons briefed on the developments said on condition of anonymity. “The company is getting almost seven to eight such assets valued for a potential acquisition. It will…



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PhysicsWallah is eyeing buys to up UPSC test-prep business


Edtech firm PhysicsWallah is evaluating acquisitions to strengthen presence in the lucrative Union Public Service Commission (UPSC) test preparation segment, people in the know said.

“PhysicsWallah is in the process of valuing various assets in the IAS-training space, including Chaitanya Academy, Drishti IAS and Rau’s IAS Study Circle, for a potential acquisition,” one of the persons briefed on the developments said on condition of anonymity. “The company is getting almost seven to eight such assets valued for a potential acquisition. It will…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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