Physicswallah revised its student lending strategy, partnering with NBFCs instead of direct investment. This move aims to materially reduce company balance sheet and credit risks. PW will continue to connect students with financing through its tech platform.
PhysicsWallah partners with Vi to offer bundled EdTech access with prepaid plans, starting in Rajasthan and UP. This collaboration aims to provide accessible digital learning, combining PW's Pi platform with Vi's connectivity.
Physicswallah Limited has incorporated a wholly-owned subsidiary, Physicswallah Student Housing Private Limited, to expand its business operations.
Physicswallah Limited divested 10% of its stake in subsidiary Bharat Innovations Global Private Limited for brand name and goodwill, ceasing to be a wholly-owned subsidiary but remaining a subsidiary with a 90% stake.
