According to reports in the media, Delhi-based edtech unicorn Physics Wallah acquired United Arab Emirates-based startup Knowledge Planet on Monday in a transaction whose terms were not disclosed.
In the coming year, Physics Wallah plans to broaden its operations throughout the GCC region with the assistance of this partnership. A post on a social media platform was the source of the news, as per reported by BW Disrupt.
“Proud to announce the acquisition of Knowledge Planet UAE by PW (PhysicsWallah). With its first international acquisition, Physicswallah aims to serve the Indian diaspora globally,” LinkedIn post reads.
The merger of these two businesses will help Sachin Bharti Gupta and Alakh Pandey’s joint vision of offering affordable, high-quality education to students throughout the Middle East come true.
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About Physics Wallah
Physics Wallah family has crossed over 6M+ students and is continuously raising its bar in the field of education, giving everything that students need with best-in-class faculty to support them in achieving their dreams. Observing the financial implications of many enrolling in expensive online courses, PhysicsWallah focuses on providing affordable education to help students ace various entrance exams.
About Knowledge Planet
Knowledge Planet is UAE’s No.1 Test Preparation Institute, with 10 Branches and 2000 students from all Indian schools in Dubai, Sharjah, and Abu Dhabi. They have the Best Results across Boards and Entrance Examinations, including exams such as IIT JEE, AIPMT, AIIMS, SAT II for DASA, KEAM, COMED-K, JIPMER etc.