India, April 9 -- Edtech unicorn PhysicsWallah is reportedly looking for acquisitions in the Union Public Service Commission (UPSC) test preparation space, amping up its efforts to bolster presence in the segment.

An ET report said that the IPO-bound startup is evaluating seven to eight entities in the UPSC preparation space to strike a buyout deal.

"PhysicsWallah is in the process of valuing various assets in the IAS-training space, including Chaitanya Academy, Drishti IAS and Rau's IAS Study Circle, for a potential acquisition," a source close to the development told ET.

Last week, Entrackr reported that PhysicsWallah was in talks to acquire Drishti IAS for INR 2,500 Cr. However, the latter' s CEOVivek Tiwary rubbished the report as ...