Announced
Completed
Financials
Sources
Tags
Domestic
Minority
Single Bidder
Acquisition
AI-powered learning platform
India
Private
Completed
Friendly
Education Services
Synopsis
Physics Wallah, a offeror of live classes, video lectures, test series, and dynamic exercises for JEE, NEET entrance, and board exams, completed the acquisition of a 50% stake in Xylem Learning, a mobile and AI-powered platform that offers entrance exam preparation services, for $61m. "With an investment we have the remarkable opportunity to enhance the learning experience for JEE/NEET aspirants in south India, bridging the gap in quality education and expanding our addressable market in the region. From my lens, Xylem Learning is like PW of the south,” Alakh Pandey, PW Founder and CEO.
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