PhysicsWallah makes acquisitions to foray into govt job prep, print books

Edtech unicorn PhysicsWallah on Thursday announced acquisition of test preparation edtech company PrepOnline and book publisher Altis Vortex for an undisclosed amount in a mix of cash and stock deal.

With the acquisition of PrepOnline, PhysicsWallah (PW) has forayed into online competitive exam preparation segment and acquisition of Altis Vortex marks its entry into book publishing domain.

“We look forward to this association and hope to provide world-class education content to our users,” PW Founder and CEO Alakh Pandey said in a statement.

PrepOnline was founded by Vivek Gaur, Manish Kumar, and Anurag Pareek, while Altis Vortex was established by Gaur and Kumar.