PhysicsWallah's FinZ divests Rs 95.79 Cr loan book to Auxilo; retreats from direct lending

PhysicsWallah's wholly owned subsidiary FinZ Finance has sold a loan portfolio worth Rs 95.79 crore to RBI-registered NBFC Auxilo, marking a sharp retreat from direct student lending. For edtech founders, this confirms the thesis: lending is capital-intensive, credit-risky, and distracts from core learning—partner with or embed third-party lenders, don't own the credit.

Source: Entrackr ↗