PhysicsWallah agrees to sell a loan portfolio worth ₹95.79 crore to NBFC Auxilo Finserve. The transaction is arranged through PhysicsWallah’s wholly owned subsidiary, FinZ Finance.
Both outlets describe the deal as part of a broader shift in how PhysicsWallah handles lending. After positioning FinZ Finance as its in-house lending arm, PhysicsWallah now proceeds with an asset sale rather than continuing to hold the specific loan portfolio. The reporting also frames the move in the context of an overall lending retreat, suggesting that lending activity and portfolio management are being rethought.
While the outlets align on the key transaction details—buyer, seller, and value—the emphasis differs. One outlet highlights the sale in the context of a lending pullback, while the other focuses more on the linkage between PhysicsWallah’s earlier in-house lending setup and the decision to monetize part of that book.
