PhysicsWallah’s FinZ sells Rs 95.8 Cr loan book to Auxilo

T2Covered by 1 source · first reported by Entrackr at 05 Oct, 10:22 UTC

Edtech unicorn PhysicsWallah (PW) appears to be changing its approach to student lending yet again. Its wholly owned subsidiary FinZ Finance has agreed to sell, transfer and assign a loan portfolio worth Rs 95.79 crore to RBI-registered NBFC Auxilo Finserve, as per the stock exchange disclosure…