PhysicsWallah Picks Up Stake Acquisition In Sarrthi IAS

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SUMMARY

PhysicsWallah picked up a 40% stake in Sarrthi IAS at a valuation of around INR 250 Cr

Sarrthi IAS, founded by Varun Jain, is a Delhi-based UPSC coaching and mentorship platform focused on Civil Services Examination

The acquisition would help PW bolster its presence in the UPSC preparation segment, which it entered in late 2023

IPO-bound PhysicsWallah (PW) has picked up a 40% stake in UPSC coaching institute Sarrthi IAS at a valuation of around INR 250 Cr, sources told Inc42.

The deal will allow Sarrthi to leverage…



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PhysicsWallah Picks Up Stake Acquisition In Sarrthi IAS


SUMMARY

PhysicsWallah picked up a 40% stake in Sarrthi IAS at a valuation of around INR 250 Cr

Sarrthi IAS, founded by Varun Jain, is a Delhi-based UPSC coaching and mentorship platform focused on Civil Services Examination

The acquisition would help PW bolster its presence in the UPSC preparation segment, which it entered in late 2023

IPO-bound PhysicsWallah (PW) has picked up a 40% stake in UPSC coaching institute Sarrthi IAS at a valuation of around INR 250 Cr, sources told Inc42.

The deal will allow Sarrthi to leverage…



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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