Indian edtech unicorn Physics Wallah buys 50% in Xylem Learning for $61m
Edtech unicorn Physics Wallah on Monday said it has acquired a 50% stake in Kerala-based edtech firm Xylem Learning for $61 million.
Source: dealstreetasia.com
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Physics Wallah partners with Xylem, plans Rs 500 crore investment
Unicorn edtech firm Physics Wallah has entered into a strategic partnership with Kerala-based edtech firm Xylem Learning, under which it plans to invest Rs 500 crore over a period of next three years, the company said on Sunday.
Source: business-standard.com
Physics Wallah enters into strategic partnership with Xylem, plans Rs 500 crore investment
The partnership involves strategic equity and cash investments in Xylem and scaling up operations; and will strengthen the presence of Physics Wallah (PW) in the southern market.
Source: moneycontrol.com
PW invests Rs 500 Cr to consolidate South Indian market with Xylem Learning
The partnership between edtech unicorn Physics Wallah and Kerala-based Xylem Learning involves strategic equity and cash investments in the latter and scaling up operations.
Source: yourstory.com
xylem: Physics Wallah to acquire 50% stake in Xylem for Rs 500 crore over three years
Pandey said that the partnership with Xylem Learning not only aligns with PWs shared vision of providing quality education to all but also propels us closer to our strategic goal of becoming the leading education platform in South India.
Source: indiatimes.com
PhysicsWallah Acquires 50% Stake in Xylem In A $61 Mn Deal
Alakh Pandey-led PhysicsWallah (PW) has acquired a 50% stake in Kerala-based Xylem Learning in an INR 500 Cr (around $61.04 Mn) deal.
Source: inc42.com