<ul><li>PhysicsWallah, the Indian edtech unicorn, is in advanced talks to acquire Drishti IAS, a leading civil services coaching institute, for approximately Rs 2,500 crore.</li><li>The acquisition is a strategic move for PhysicsWallah as it prepares for its IPO, aiming to expand its presence in the competitive UPSC coaching sector.</li><li>Drishti IAS, with a revenue of Rs 405 crore and a profit of Rs 90 crore in FY24, would bring a well-established brand and high-margin business vertical to PhysicsWallah's portfolio.</li><li>The acquisition reflects the evolving landscape of edtech, with a blending of online and offline coaching models to create a holistic learning ecosystem.</li></ul>

PhysicsWallah in Advanced Talks to Acquire Drishti IAS for Rs 2,500 Crore

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