VC funding dips in September despite big deals; More voices join the lineup at TechSparks 2026

Dear Reader, PhysicsWallah will no longer lend to students directly. The edtech company’s wholly-owned subsidiary FinZ Finance has agreed to sell a Rs 95.79 crore loan portfolio to Auxilo Finserve, an RBI-registered NBFC focused on education finance. This is part of PhysicsWallah’s strategic move to focus on its core business and reduce balance-sheet and credit risks associated with lending.