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VC funding dips in September despite big deals; More voices join the lineup at TechSparks 2026
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·Excerpt
PhysicsWallah will no longer lend to students directly.
The edtech company’s wholly-owned subsidiary FinZ Finance has agreed to sell a Rs 95.79 crore loan portfolio to Auxilo Finserve, an RBI-registered NBFC focused on education finance. This is part of PhysicsWallah’s strategic move to focus on its core business and reduce balance-sheet and credit risks associated with lending. Going forward, lending will be facilitated through regulated third-party NBFCs.
In other news, TVS Automobile Solutions has raised Rs 425 crore in a…
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