Physicswala to exit student financing business, will now partner with NBFC

By Rajiv Mishra
4 hours Ago

Physicswala to exit student financing business, will now partner with NBFC

New Delhi: Education technology company Physicswala on Thursday said it plans to exit the business of directly financing (lending) students and will now partner with non-banking finance companies (NBFCs) for education loans. The move follows the company’s recent announcement of equity investment of Rs 120 crore in its wholly owned subsidiary Finz Finance Private Limited.

Categories: Business
Tags: business news EdTech Education Loan Education Technology Equity Investment Fin Finance Financial Services India EdTech investment NBFC New Delhi News PhysicsWallah Startup News Student Finance

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