Edtech unicorn PhysicsWallah is reportedly in discussions to acquire a partial stake in government job preparation platform Rojgar With Ankit, according to recent media reports.
If the deal goes through, it will mark the company’s first acquisition since its public listing in November 2025. That said, the Noida-based firm has already been expanding aggressively, having increased its stakes in Xylem Learning and Utkarsh Classes in December last year.
Company Responds to Market Speculation
In a stock exchange filing addressing the reports, PhysicsWallah confirmed that it is currently in talks with multiple parties, including Rojgar With Ankit. However, the company has not yet confirmed any finalized agreement.
Deal Valuation and Stake Details
Sources suggest that the proposed deal should value Rojgar With Ankit at around ₹400–500 crore in its initial segment. The funding is predicted to contain a minority stake, despite the fact that the exact length of the stake has no longer been disclosed.
There is likewise no readability but on whether the transaction could be executed in more than one tranches or consist of follow-on investments.
Strategic Focus on Upskilling and Government Jobs
Industry insiders believe that this pass aligns with PhysicsWallah’s broader strategy to bolster its presence within the upskilling and government activity education section.
The employer can also explore integrating Rojgar With Ankit’s offerings into its current platform. Such a circulate may want to help enhance consumer engagement and expand its attain amongst aspirants making ready for public region tests.
About Rojgar With Ankit
- Founded in 2020, Rojgar With Ankit operates within the competitive exam guidance area, specializing in government task aspirants.
- The organisation reported a revenue of ₹62.26 crore and a earnings of ₹five.35 crore in FY25. Notably, it has grown without raising any external funding.
- In phrases of ownership, founder Ankit Kumar holds a 90% stake in the organization, while Shimala owns the closing 10%.
No Official Confirmation Yet
PhysicsWallah did now not respond to media queries at the time of book, leaving the very last contours of the deal but to be confirmed.