PhysicsWallah acquires controlling stake in Sarrthi IAS with Rs 71.8 Cr investment

PhysicsWallah approved a Rs 71.8 crore investment in Sarrthi IAS, increasing its stake from 40% to 51%.

The transaction makes Sarrthi IAS a subsidiary of PhysicsWallah.

The investment is part of the second tranche of PhysicsWallah's acquisition of Guiding Light Education Technologies Private Limited, which operates under the Sarrthi IAS brand.

PhysicsWallah will acquire 1,100 equity shares for Rs 71.81 crore as part of this tranche.

Sarrthi IAS, founded in 2023, reported Rs 76.52 crore revenue in FY26, up from Rs 28.46 crore in FY25.