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Announced

Completed

PhysicsWallah completed the acquisition of Knowledge Planet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Single Bidder

Majority

edtech

Private

Completed

Education Services

United Arab Emirates

Friendly

Cross Border

Synopsis

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PhysicsWallah, an online ed-tech platform, completed the acquisition of Knowledge Planet, an edtech unicorn. Financial terms were not disclosed. “With 13 centres operating across the Middle East and a well-established school partnership model, Knowledge Planet, the most trusted exam preparation network, is the perfect brand to champion our foray into this promising market. This is a critical milestone in PW’s journey. Our commitment to Bharat extends to the country's students living abroad, as well as to providing top-notch education and opportunities. We want to bring our expertise to every Indian student, and this is a positive step in this direction,” Prateek Maheshwari, PhysicsWallah Co-Founder.

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