 "S Chand and Company")
S Chand, the education content company, has said it will sell its entire stake in AI/data sciences edtech platform iNeuron Intelligence to Physicswallah, a sector unicorn, for Rs 14 crore.
Mukesh Sharma Family Trust, which is a co-investor in iNeuron, will exit the company. S Chand got a two-fold return on its 2021 investment of Rs 7 crore in iNeuron, and it will be the second time it is exiting a recent investment in edtech. It recently exited Testbook Edu Solutions after an eight-fold return on investment in July 2022.
“We are happy to now hand over the reins to
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