Edtech unicorn PhysicsWallah has increased its stake in its subsidiary Utkarsh Classes & Edutech Private Limited to 75.50 percent after approving the third tranche of its investment.
The latest move raises PW’s holding above 77% and follows a similar move in Utkarsh Classes earlier this month.
PhysicsWallah increases holding in Utkarsh Classes to 75.5 percent Third tranche completed with Rs 26.5 crore cash payment Plans to acquire remaining stake by March 2028 The acquisition is part of a ...
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