Edtech unicorn Physics Wallah has acquired UAE-based startup Knowledge Planet for an undisclosed amount. In another acquisition, digital insurance provider Acko has bought Parentlane, a digital health platform in the maternity and child health space.
Physics Wallah acquires Knowledge Planet
Delhi-based edtech unicorn Physics Wallah has acquired UAE-based startup Knowledge Planet for an undisclosed amount, marking its first international acquisition.
Last December, Physics Wallah acquired the Bengaluru-based online learning platform iNeuron. Prior to that, it had acquired two startups, PrepOnline and Altis Vortex, to strengthen its presence across various verticals.
With the acquisition of Knowledge Planet, Physics Wallah is looking to expand across the GCC region in the coming year, according to a report in YourStory. Further, it will also invest an undisclosed sum in the Dubai-based company.
Acko acquires Parentlane
Digital insurance provider Acko has acquired Parentlane, a digital health platform in the maternity and child health space.
With this acquisition, ACKO intends to improve its ability to not only provide continuum care for maternal care but also aims to develop specialised care programmes for many other conditions. The platform, combined with ACKO’s core insurance offering, will deliver personalised content and services to enable better healthcare choices, informed decisions, and improved outcomes.
Vijay Anand, co-founder and CEO of Parentlane, will join the Acko leadership team and spearhead strategic initiatives for the company.
Parentlane currently serves over 2 million users yearly on the platform with personalized content and delivers healthcare services by partnering with many hospitals across the country.