The proposed acquisition of the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/upsc” target=”_blank”>UPSC test preparation platform ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/drishti-ias” target=”_blank”>Drishti IAS by edtech unicorn ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#SME#href” href=”https://economictimes.indiatimes.com/topic/physicswallah” target=”_blank”>PhysicsWallah has fallen through, say industry sources.
The two companies had been in discussions over a potential strategic investment and acquisition for several months, but the talks have ultimately not materialised.
In an official statement to Economic Times Digital, Vivek Tiwari, CEO of Drishti IAS, said, “At Drishti IAS, our decisions are always based on a very long-term vision. Though we explored various funding options during last year, including IPO…
