Physics Wallah Pvt. Ltd. entered into non-binding term sheet to acquire a 6.05% stake in iNeuron Intelligence Pvt. Ltd. from S Chand and Company Limited (BSE:540497) for INR 138 million on November 30, 2022. S Chand and Company's board has approved the transaction. Vertices Partners acted as legal advisor to iNeuron Intelligence Pvt. Ltd. and Physics Wallah Pvt. Ltd.

Physics Wallah Pvt. Ltd. completed the acquisition of 6.05% stake in iNeuron Intelligence Pvt. Ltd. from S Chand and Company Limited (BSE:540497) for INR 138 million on December 26, 2022.