PhysicsWallah to Acquire Stake in Rojgar With Ankit

PhysicsWallah, an edtech unicorn, is preparing to acquire a portion of Rojgar With Ankit, as reported by various media outlets. This acquisition marks the first such move for PhysicsWallah following its listing in November 2025. The Noida-based company had previously increased its investments in Xylem Learning and Utkarsh Classes in December of the previous year.

Details of the Acquisition

In a stock exchange notice addressing the media report, the company confirmed it is in talks with pertinent stakeholders, including Rojgar With Ankit. The deal is anticipated to value Rojgar With Ankit between Rs 400–500 crore in its initial phase, as per sources from Startup Superb. The investment is expected to entail a minority stake, though the specific size of this stake remains unconfirmed at this time.

Strategic Alignment with Upskilling Goals

Sources suggest that this potential investment aligns with PhysicsWallah’s strategy to expand its footprint in the upskilling and government job preparation market. While details of the deal are still under negotiation, there may be plans to incorporate certain features of Rojgar With Ankit into PhysicsWallah’s current platform to enhance user growth and engagement, as indicated by sources.

Further Investment Possibilities

It has not yet been verified whether the transaction will unfold in several phases or through additional investments. Until the publication time, PhysicsWallah had not provided a response to inquiries made by Startup Superb.

About Rojgar With Ankit

Established in 2020, Rojgar With Ankit focuses on the segment of government job preparation. The company reported earnings of Rs 62.26 crore and a profit of Rs 5.35 crore for the fiscal year 2025. Notably, it has not yet engaged in external funding rounds. The majority ownership is held by Ankit Kumar, who possesses a 90% stake, while the remainder is owned by Shimala.