Physics Wallah (PW) has acquired a 40% stake in Sarrthi IAS, expanding its presence in the civil services examination preparation segment. The deal reportedly values Sarrthi IAS at around ₹250 crore.
Founded by Varun Jain and Dr. Shivin Chaudhry, Sarrthi IAS offers mentorship-driven UPSC coaching programs, including foundation courses, mains preparation, prelims revision, and interview guidance. The platform will continue operating independently while leveraging Physics Wallah’s technology infrastructure and reach.
The acquisition is expected to strengthen PW’s UPSC vertical, PWOnlyIAS, as the company looks to deepen its footprint in India’s competitive exam preparation market. Reports suggest the combined UPSC business could cross ₹350 crore in revenue in FY26.
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The move also comes as Physics Wallah prepares for its IPO, with the edtech firm reportedly planning a public issue worth around ₹4,500 crore
