PhysicsWallah’s acquisition talks with Drishti IAS falls through; Drishti to continue as an independent company

The proposed acquisition of the UPSC test preparation platform Drishti IAS by edtech unicorn PhysicsWallah has fallen through, say industry sources.

The two companies had been in discussions over a potential strategic investment and acquisition for several months, but the talks have ultimately not materialised.

In an official statement to Economic Times Digital, Vivek Tiwari, CEO of Drishti IAS, said, “At Drishti IAS, our decisions are always based on a very long-term vision. Though we explored various funding options during last year, including IPO…