ICICI Prudential Mutual Fund bought 22,000,003 shares of Physicswallah Limited for ₹258.98 Cr at ₹117.72 apiece in a block deal.
An edtech platform providing test preparation courses for competitive examinations including JEE, NEET, and UPSC, alongside upskilling programs in data science, banking, finance, and software development. The company delivers educational content through online courses designed for students preparing for entrance tests and working professionals seeking career advancement. Physicswallah combines structured curriculum with accessible learning formats to serve India's competitive exam aspirants and professional segments across diverse educational needs.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.
