With a return of over 2x on the original investment of approx. Rs7 crores in December 2021, this is the second recent exit for S Chand and Company Limited from its various Edtech Investments on back of the recently concluded exit in Testbook with an ~ 8x return on investment in July, 2022.
S Chand Sells Its Entire Holding In iNeuron To PhysicsWallah For Nearly Rs 14 Cr
New Delhi: S Chand and Company Limited, one of India’s largest education content Companies, will sell its entire stake in the AI/Data Sciences focussed Ed Tech platform iNeuron Intelligence Private Limited to Physicswallah for a consideration of ~INR 14 crores. In addition, our co-investors, Mukesh Sharma Family Trust would also be exiting their investment in iNeuron…
