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 […]
