iWorld
Physicswallah acquires Nextseed Foundation for Rs 1 lakh
Edtech firm completes 100 per cent stake purchase, making it wholly owned subsidiary.
MUMBAI: Physicswallah just aced another acquisition because when you’re already teaching millions, why not add a non-profit to the syllabus for just a lakh? Physicswallah Limited announced on Thursday that it has completed the acquisition of Nextseed Foundation, a Section 8 non-profit company, making it a wholly owned subsidiary with effect from 18 March 2026. The transaction, approved by the board on 5 February 2026, involved purchasing 100 per cent of the issued and paid-up equity share capital for a consideration of Rs 1 lakh.
The deal marks the formal closure of the acquisition, with detailed disclosures already submitted to stock exchanges in February in line with SEBI’s Listing Obligations and Disclosure Requirements (LODR).
Nextseed Foundation will now operate as part of Physicswallah’s broader education ecosystem, aligning with the company’s ongoing strategy to diversify and strengthen its presence across segments.
The announcement comes on the heels of strong financial performance. Physicswallah reported a 34 per cent year-on-year increase in operating revenue to Rs 1,082 crore in Q3 FY26 (from Rs 810 crore in Q3 FY25). Net profit rose 33 per cent to Rs 102 crore (from Rs 77 crore), and surged 46 per cent sequentially from Rs 70 crore in Q2 FY26, crossing the Rs 100 crore quarterly mark for the first time.
In an edtech landscape where growth is the ultimate exam, Physicswallah isn’t just passing, it’s topping the class, one strategic move (and one very affordable acquisition) at a time.
iWorld
Kuku Tech wins interim relief against Mohalla Tech in copyright suit
Delhi High Court orders takedown within 36 hours; next hearing May 13.
MUMBAI: Mohalla Tech’s platforms just got another legal speed bump because when short videos keep racking up lawsuits, even the feeds start feeling like evidence. Kuku Technologies Pvt Ltd (formerly Mebigo Labs) has secured interim procedural relief from the Delhi High Court in its copyright infringement suit against Mohalla Tech Pvt Ltd, the company behind Moj and Sharechat. In an order dated 18 March 2026, Justice Jyoti Singh exempted Kuku from pre-institution mediation under Section 12-A of the Commercial Courts Act, 2015, citing urgency and relying on Supreme Court and Delhi High Court precedents.
The dispute centres on alleged unauthorised use and dissemination of Kuku’s copyrighted content on Mohalla Tech’s platforms. The court issued summons, directed Mohalla Tech to file its written statement within 30 days along with an affidavit on documents, and granted Kuku liberty to file replication within 30 days thereafter.
While declining an ex parte ad interim injunction, Justice Singh recorded Mohalla Tech’s assurance that the flagged URLs were removed on 17 March and that no further promotion via push notifications would occur. The company was ordered to provide basic subscriber information for users linked to the disputed content within one week.
For future instances, the court mandated removal of any additional infringing links within 36 hours of notification. The matter is listed for hearing on 13 May 2026.
Kuku’s action joins a growing wave of legal challenges against Mohalla Tech. Zee Entertainment Enterprises Limited earlier sued over alleged violations, while Greenhorn Wellness Pvt Ltd (parent of StoryTV) claimed more than 4,500 instances of infringement. San Francisco-based Dashverse also sent a legal notice and threatened court proceedings after discovering pirated versions of its paywalled content on the platforms, demanding user details including IP addresses.
Mohalla Tech maintains it operates as an intermediary under the IT Act, 2000 and the 2021 Intermediary Guidelines, does not originate user-generated content, and acts promptly on valid complaints through robust grievance mechanisms.
In India’s booming short-video arena, where every clip can spark a copyright storm, the courts are sending a clear signal: platforms may host the content, but the responsibility to keep it clean is non-negotiable and the takedown clock is ticking faster than a viral reel.
