Physicswallah Invests Rs 72 Cr in Sarrthi IAS for 51% Stake

New Delhi, Jul 16 (PTI) Edtech firm Physicswallah has infused around Rs 72 crore in Sarrthi IAS to raise its stake to 51 per cent in the UPSC coaching platform.

The transaction is part of the second tranche of Physicswallah's acquisition of Guiding Light Education Technologies, which operates under the Sarrthi IAS brand name, according to a regulatory filing.

Physicswallah earlier held a 40 per cent stake in Guiding Light Education Technologies.


"The present acquisition pertains to Tranche II under the Transaction Documents... Upon completion of the acquisition, the company's shareholding will increase from 40 per cent to 51 per cent, consequent to which Sarrthi IAS will become a subsidiary of the company," the filing said.

Physicswallah had announced plans to raise its stake to 85 per cent in Sarrthi IAS in six tranches during the financial years 2026 to 2031.

Sarrthi IAS is principally engaged in the business of providing online and offline coaching and test preparation services for civil services and other competitive examinations.

The company will acquire an additional 11 per cent stake in Sarrthi IAS for "aggregate consideration of Rs 71,81,47,100 for acquisition of 1,100 equity shares," the filing said.