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Education technology company PhysicsWallah is planning to acquire two to three companies in the financial year 2026-27 (FY27). The company may spend up to ₹200 crore on acquisitions during the financial year. The objective is to expand its online business into new categories and strengthen its capabilities in artificial intelligence (AI).
PhysicsWallah Co-founder Prateek Maheshwari said the company is exploring acquisition opportunities to increase its presence in new business segments. Its strategy also includes investments in AI and technology, along with expanding newer segments such as examination preparation and skilling.
Focus on Expanding Online Business
The company is working towards expanding its online education business into new categories. Potential acquisitions have been made a part of this expansion strategy. According to Maheshwari, PhysicsWallah may acquire two to three companies during the current financial year. Through these acquisitions, the company aims to broaden its business portfolio and strengthen its AI capabilities.
In a conversation with Udisha Srivastav, Maheshwari discussed the company's acquisition plans, expansion in South India, investments in AI and technology, and the performance of its newer examination and skilling businesses.
Plans to Expand in South India
South India is also part of PhysicsWallah's expansion plans. The company is exploring opportunities to strengthen its presence in the region. However, details regarding the timeline, investment or number of new centres planned for expansion in South India have not been disclosed in the available information.
Offline Business Records Around 9% Growth
While PhysicsWallah's online business has reported strong growth, its offline business recorded growth of around 9 per cent. Speaking about the relatively slower growth of the offline segment, Maheshwari said the 9 per cent figure represents the combined growth of the company's different offline businesses.
He clarified that the company's Vidyapeeth business continues to record promising growth of 15-20 per cent. However, Xylem and Utkarsh have witnessed a decline in their businesses. The weaker performance of these two businesses has affected the overall growth of the offline segment, bringing its combined growth rate to around 9 per cent.
Vidyapeeth Records Strong Growth, Xylem and Utkarsh See Decline
According to Maheshwari, the overall growth of the offline business should not be assessed on the basis of a single figure. It is important to understand the performance of individual businesses. While Vidyapeeth has recorded growth of 15-20 per cent, the decline in the businesses of Xylem and Utkarsh has affected the overall growth of the offline segment.
Expanding its online business, exploring opportunities in newer education and skilling segments, and strengthening its AI and technology capabilities are now among the company's key priorities. The proposed acquisitions in FY27 are part of this broader expansion strategy.
