2025 Year in Review: IPO, offline push and M&As change maths for test-prep sector

December 25, 2025

, By The Economic Times

2025 Year in Review: IPO, offline push and M&As change maths for test-prep sector

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For India’s test-preparation segment, 2025 was a year of significant transformation.

It entered the year with relatively stable demand, driven by competitive entrance exams and outcome-linked offerings. This helped companies like PhysicsWallah, Allen, Unacademy, Aakash, and Adda247 grow even as other parts of the edtech sector struggled with slowing enrolments and weaker business models in the period following the pandemic.

And, as the year comes to a close, a public listing, faster offline expansion, broader course offerings…

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2025 Year in Review: IPO, offline push and M&As change maths for test-prep sector

December 25, 2025

, Published By The Economic Times

2025 Year in Review: IPO, offline push and M&As change maths for test-prep sector

Image for 2025-the-year-in-review_LOGO_ETTECH

For India’s test-preparation segment, 2025 was a year of significant transformation.

It entered the year with relatively stable demand, driven by competitive entrance exams and outcome-linked offerings. This helped companies like PhysicsWallah, Allen, Unacademy, Aakash, and Adda247 grow even as other parts of the edtech sector struggled with slowing enrolments and weaker business models in the period following the pandemic.

And, as the year comes to a close, a public listing, faster offline expansion, broader course offerings…

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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Previous News

iPhone Fold’s key display breakthrough may still be in flux, per leak

Next News

Tokenization Expands the Definition of Money: Kraken Exec

The Economic Times

More like this

Popular

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