Edtech Unicorn Physics Wallah Acquires UAE-based Knowledge Plane
By Team Startupcity | Tuesday, 21 March 2023, 11:52 IST
PhysicsWallah, while it will use Knowledge Planet's system for school partnerships to reach students in the UAE, those students will gain from PW's technology stack to improve its online and hybrid offerings.
On March 20, PhysicsWallah (PW), the only profitable edtech unicorn in India, announced that it had acquired Knowledge Planet, a company based in the United Arab Emirates, for an unknown sum. This was the acquisition's first overseas partner.
The company had previously purchased Indian businesses like the online coaching platform for medical entrance exams PrepOnline, the publisher of exam prep books Altis Vortex, the startup for resource management and question-solving FreeCo, and the upskilling startup iNeuron.ai.
According to a statement from PW, Knowledge Planet will gain from PW's tech stack to improve its online and hybrid offerings while PW will use Knowledge Planet's school relationship framework to reach students in the UAE.
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