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PhysicsWallah targets UPSC exam market with strategic acquisitions and IPO plans
PhysicsWallah is expanding into the UPSC exam preparation market, considering acquisitions of several coaching institutes, including Drishti IAS, amid plans for an IPO. Following a $210 million funding round, the company aims to enhance its offerings in India's growing test prep sector, despite reporting a widened net loss of INR 1,131.2 crore in FY24.