Physics Wallah has approved an investment of ₹120 crore in its wholly owned subsidiary, FinZ Finance, as the edtech firm strengthens its push into financial services and student lending.
The investment will be made through a rights issue, with Physics Wallah subscribing to up to 2.66 crore equity shares of FinZ Finance at an issue price of ₹45 per share, including a premium of ₹35.
The company said the capital infusion is aimed at supporting the NBFC’s working capital requirements and accelerating the expansion of its business operations. FinZ Finance received its RBI NBFC licence in September 2025 and officially began operations in March 2026.
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Physics Wallah has been gradually expanding beyond core edtech services into fintech offerings, particularly student-focused lending. According to company management, nearly 70–75% of loans currently cater to students already enrolled on the platform.
The move reflects the company’s broader strategy to build an integrated education ecosystem by combining learning services with financial support solutions for students.
