PhysicsWallah Unit to Sell ₹95.79 Crore Loan Book to Auxilo as Edtech Tightens Lending Exposure
PhysicsWallah’s wholly owned finance arm, FinZ Finance, has agreed to sell a ₹95.79 crore loan portfolio to Auxilo Finserve, marking a notable step in the edtech company’s retreat from direct lending. The transaction underscores a broader recalibration among startups that expanded into credit during the funding boom and are now narrowing capital-intensive bets amid a tougher operating environment.
