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.