PhysicsWallah To Sell ₹96 Cr Loan Portfolio To Auxilo Amid Lending Retreat
Edtech major PhysicsWallah’s wholly owned subsidiary FinZ Finance has agreed to sell a ₹95.79 Cr loan portfolio to Auxilo Finserve,…
Inc42 AI News3 min read
PhysicsWallah
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PhysicsWallah retreats from direct student lending as FinZ loan book heads to Auxilo
PhysicsWallah’s sale of Rs 95.79 crore of loans marks a rethink of its May push to scale FinZ, with the company shifting to third-party lenders amid questions over capital allocation, credit risk and strategic focus.
YourStory AI3 min read
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