Tag: edtech
STARTUP/TECHNOLOGY PhysicsWallah To Focus On Core, Sell Loan Portfolio Of Its NBFC To Auxilo

Edtech company PhysicsWallah Ltd is restructuring the lending operations of its wholly owned NBFC subsidiary FinZ Finance Pvt Ltd, with the subsidiary agreeing to sell and transfer a loan portfolio worth ₹95.79 crore to RBI-registered NBFC Auxilo Finserve Pvt Ltd. The transaction will result in a substantial reduction in FinZ Finance’s lending operations and the […]

CW Bureau · Oct 5, 2026
ECONOMY ADB Backs Schoolnet With $10 Mn To Scale Digital Learning In Govt Schools

The Asian Development Bank (ADB) has signed a $10 million financing package with Schoolnet India Ltd (SIL) to enhance learning outcomes for 4.5 million students by expanding digital learning infrastructure across 30,000 government schools in India. The transaction marks ADB’s first private sector financing for a digital education project in India and is aimed at […]

CW Bureau · Jun 18, 2026