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Physicswallah shares jump 15% after pivoting from in-house lending to NBFC partnerships
Physicswallah shelved its lending arm FinZ Finance, shifting to NBFC partnerships for student loans. Stock surged over 15% on NSE amid strategy reversal.
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economictimes.indiatimes.com
PhysicsWallah dials down schools push after investor unease - The Economic Times
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…
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PhysicsWallah revises lending strategy, to partner with NBFCs for student loans - The Economic Times
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…
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Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?
PhysicsWallah shares rose sharply on Thursday, adding nearly Rs 5,000 crore in market value after the company reversed its lending strategy and partnered with regulated NBFCs for…
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thehindubusinessline.com
Physicswallah shares jump 15% after pivoting from in-house lending to NBFC partnerships
Physicswallah shelved its lending arm FinZ Finance, shifting to NBFC partnerships for student loans. Stock surged over 15% on NSE amid strategy reversal.