PhysicsWallah is eyeing buys to up UPSC test-prep business

Edtech firm PhysicsWallah is evaluating acquisitions to strengthen presence in the lucrative Union Public Service Commission (UPSC) test preparation segment, people in the know said.

“PhysicsWallah is in the process of valuing various assets in the IAS-training space, including Chaitanya Academy, Drishti IAS and Rau’s IAS Study Circle, for a potential acquisition,” one of the persons briefed on the developments said on condition of anonymity. “The company is getting almost seven to eight such assets valued for a potential acquisition. It will…