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PhysicsWallah Joins Hands With Xylem Learning To Bolster Business In Southern Markets

The partnership will help both companies to fulfill their mission of making education accessible throughout the country

PhysicsWallah Joins Hands With Xylem Learning To Bolster Business In Southern Markets
PW-Xylem Partnership

Outlook Start-Up Desk

POSTED ON June 19, 2023 1:53 PM

Indian edtech firm PhysicsWallah has announced its strategic tie-up with Kerala-based start-up Xyleem Learning. The development is expected to help the edtech to strengthen its footprint in the southern market in India. 

The partnership will help both companies to fulfill their mission of making education accessible throughout the country.  The collaboration will help JEE/NEET aspirants to get a better learning experience from both companies. 

According to a company statement, Xylem Learning provides free classes to over three million students through their 30 YouTube channels. Additionally, it has more than one lakh paid students across its various online courses and 30,000 students in its offline/hybrid centres located across five prime districts of Kerala. It also operates 10 tuition centres and a school-integrated program across seven schools. It has also ventured into commerce and Kerala PSC test preparation and will continue expanding into other categories.

Addressing the collaboration, Alakh Pandey, Founder, and CEO of PW, said, " This partnership with Xylem Learning fills me with immense excitement and pride. It not only aligns with our shared vision of providing quality education to all but also propels us closer to our strategic goal of becoming the leading education platform in South India. In 3 years we will invest 500 crore to propagate the brave and unique "XYLEM model of Hybrid Learning" to other adjoining sister states - it is a special result-oriented plan of learning which has especially impressed me. To do this it will require robust team building, content development, technological innovation, expansion in other categories and hybrid centers. We will also look at M&As in the south. Ananthu will be the torchbearer of our south expansion. From my lens, Xylem Learning is like PW of the South, and that makes this collaboration even more meaningful and Dr. Ananthu would be the torch-bearer of southern expansion.”

Ananthu S, Founder and CEO of Xylem Learning, added, "We are thrilled to partner with PW, recognizing their technological prowess and our shared goal of building a sustainable business model. Both PW and Xylem are success stories from day one, demonstrating profitability while making a meaningful impact in the education sector. We aim to achieve 300 crore revenue with 25% EBITDA in FY-24, up from 150 Crore in FY-23. Alakh Pandey's vision perfectly aligns with ours, as we are both dedicated to making quality education accessible and affordable for students. By combining our efforts, we firmly believe that we can create a significant positive impact on the lives of aspiring students preparing for NEET and JEE exams. This partnership is driven by the principles of affordability, trust, and the democratization of education. Our ultimate objective is to provide students with the best learning resources and unwavering support throughout their educational journey."
 

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