Announced
Completed
Financials
Sources
Tags
learning platform
Education Services
Acquisition
Joint Venture
Majority
Friendly
India
Domestic
Private
Completed
Single Bidder
Synopsis
Utkarsh Classes, a one-stop learning platform for all the students preparing for school and competitive exams, and Physics Wallah, an offeror of live classes, video lectures, test series, and dynamic exercises for JEE, NEET entrance, and board exams, formed a joint venture. Financial terms were not disclosed. “Both PW and Utkarsh Classes are an emotion for students. The founding teams have a solid vision to provide result-oriented quality education to every student at an affordable fee. Utkarsh Classes Founder Nirmal Gehlot has over 20 years of experience in the field. Our collaboration will help us better serve students and make their learning experience more enriching," Alakh Pandey, Physics Wallah founder and CEO.
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