PhysicsWallah, an Indian edtech unicorn has joined hands with an e-learning platform, Utkarsh classes to form a Joint Venture. This move will help both platforms in scaling the company. Furthermore, this Joint venture will enhance the core competencies of both companies and will also jointly enter into new exam categories. Along with this, this joint venture will also provide academic training and multiple new courses to students.
PhysicsWallah Founder’s View on Collaboration
CEO and Founder of PhysicsWallah, Alakh Pandey praised the teams of both Physicwallah and Utkarsh classes. He further expressed his vision of providing value education at an affordable price for students. Additionally, Mr. Alakh Pandey also talked about the collaboration with Utkarsh classes and how it will be beneficial for students.
This Joint venture will exclusively serve students for enhancing their growth and knowledge. The joint venture between PhysicsWallah and Utkarsh classes lands at a time when edtech players are shifting their focus to hybrid mode. However, technology is a key aspect of the classes, whether online or offline. The edtech players are shifting their focus to hybrid because of the decline in demand, as schools and colleges are now running in a phased manner.
About Utkarsh Classes
Set up in 2002, Utkarsh classes offer courses both in offline and online modes. The founder of this Jaipur-based e-learning platform is Mr. Nirmal Gehlot. This e-learning platform prepares students for various competitive government exams. Furthermore, it also offers school education courses.
This Jaipur-based platform will support PhysicsWallah in elevating its offline operations. Besides, it will also leverage PhysicsWallah in developing a high-end hybrid learning model.
Furthermore, Utkarsh classes will scale its government preparation category under this partnership. Also, it plans to bring in offline centers across 32 cities in India. These 32 cities will be those cities, where PhysicsWallah has already made its presence solid.
Certainly, PhysicsWallah is growing day by day and also climbing ladders to achieve greater success. Last year, this edtech unicorn entered the offline sector with the launch of its PW Vidyapeeth. Alakh Pandey, Founder of PhysicsWallah also stated its plans for the expansion and scaling of the company.
Apart from tech support, this joint venture will also provide logistics support (Notes) to Utkarsh classes. Both companies plan to introduce co-branded education products as well.
Besides, the duo is also planning to bring in ‘Utkarsh Private Jobs’– to increase students’ capabilities for placements.
To sum up, PhysicsWallah and Utkarsh classes have entered into this joint venture to enhance each other’s capabilities. Additionally, this joint venture will largely benefit the students in elevating their abilities and knowledge.
Featured Image Credit: Physics_wallah.en.aptoide.com
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