Amid edtech layoffs in India, Vedantu and PhysicsWallah make acquisitions

Amid edtech layoffs in India, Vedantu and PhysicsWallah make acquisitions

Indian edtech Vedantu on Thursday said it has acquired a majority stake in education chain Deeksha for $40 million. Separately, another edtech firm PW (PhysicsWallah), which offers coaching for engineering entrance exams, has acquired PrepOnline and Altis Vortex.