Physicswallah shelved its lending arm FinZ Finance, shifting to NBFC partnerships for student loans. Stock surged over 15% on NSE amid strategy reversal.

PhysicsWallah is shifting its K-12 expansion strategy to an asset-light, online-led model, moving away from capital-intensive school operations. This pivot aims to reassure…

In a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending through its books, as had been envisaged…