Think Investments Picks Up Stake Worth INR 136 Cr In IPO-Bound PhysicsWallah

Think Investments acquired 1.07 Cr equity shares of PhysicsWallah, translating to a 0.37 per cent stake, from its 14 employees

The investment firm acquired the shares at INR 127 each, as against PW’s IPO price band of INR 103-109

PW’s public issue will open on November 11 (Tuesday) and close on November 13 (Thursday)

US-based investment firm Think Investments has acquired a stake in IPO-bound edtech unicorn PhysicsWallah (PW) via a secondary transaction.

Think…