Andhra, PhysicsWallah ink Rs 1,000 cr deal to set up varsity of innovation

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Andhra, PhysicsWallah ink Rs 1,000 cr deal to set up varsity of innovation - Business Standard

Quick Summary:

The UoI will help learners with the skills they might need in a constantly evolving job market, in an attempt to foster entrepreneurship and innovation, said PhysicsWallah founder and chief executive Alakh Pandey in a press release on Friday.

The UoI is set to emerge as the first institute of eminence in the state and aligns with Chief Minister N Chandrababu Naidu's aim to provide the state's youth with education in Artificial Intelligence (AI) and other emerging technologies.

The Andhra Pradesh government and EdTech company PhysicsWallah have signed an agreement to set up a University of Innovation (UoI) at an investment of up to Rs 1,000 crore.