PhysicsWallah Weighing Acquisitions In UPSC Test Prep Segment

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SUMMARY

PhysicsWallah is evaluating seven to eight entities in the UPSC preparation space to strike a buyout deal

Last week, media reports said that the edtech unicorn is in talks to acquire Drishti IAS, but the latter’s CEO Vivek Tiwary termed the development as rumours

The IPO-bound startup had raised $210 Mn last year with an aim to expand geographically and make strategic acquisitions

Edtech unicorn PhysicsWallah is reportedly looking for acquisitions in the Union Public Service Commission (UPSC) test preparation space,…



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PhysicsWallah Weighing Acquisitions In UPSC Test Prep Segment


SUMMARY

PhysicsWallah is evaluating seven to eight entities in the UPSC preparation space to strike a buyout deal

Last week, media reports said that the edtech unicorn is in talks to acquire Drishti IAS, but the latter’s CEO Vivek Tiwary termed the development as rumours

The IPO-bound startup had raised $210 Mn last year with an aim to expand geographically and make strategic acquisitions

Edtech unicorn PhysicsWallah is reportedly looking for acquisitions in the Union Public Service Commission (UPSC) test preparation space,…



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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