India’s listed edtech firm PhysicsWallah has accepted an funding of about Rs 120 crore, or about $12.5 million, in its wholly owned subsidiary FinZ Finance because it expands additional into monetary companies.

In response to its inventory alternate submitting, the corporate’s audit committee accepted the funding by way of the subscription of as much as 2.66 crore fairness shares in FinZ Finance Non-public Restricted on a rights foundation.

The investment can be made in money at a problem worth of Rs 45 per share, together with a premium of Rs 35 per share, taking the entire worth of the transaction to about Rs 120 crore.

PhysicsWallah stated the capital infusion was meant “to reinforce the working capital necessities of FinZ Finance and to facilitate the enlargement and scaling up of its enterprise operations”.

FinZ Finance, which was included in July 2024, acquired its non-banking monetary firm (NBFC) licence from the RBI in September 2025 and started operations in March this yr.

The subsidiary offers financing, leasing and rent buy companies for customers, people and corporates.

The submitting said that the transaction was a related-party deal as a result of FinZ Finance is a completely owned subsidiary of PhysicsWallah, however added that it was being carried out on an “arm’s size” foundation. The funding is not going to alter PhysicsWallah’s possession stake within the firm.

The transfer marks one other step in PhysicsWallah’s enlargement past its core test-preparation enterprise into consumer-focused sectors following its inventory market debut.

Earlier this yr, the Noida-based firm elevated its stake in Kay Life-style and Wellness, often known as Kamya Yoga & Wellness, as a part of its push into the wellness sector. It has additionally been in discussions to amass a partial stake in Rojgar With Ankit, in keeping with media experiences.

In December final yr, PhysicsWallah elevated its holdings in Xylem Studying and Utkarsh Courses.

PhysicsWallah’s board was scheduled to think about its fourth-quarter and full-year FY26 outcomes on 27 Could 2026. In the third quarter, it reported a 34% year-on-year rise in working income to Rs 1,082 crore, whereas revenue crossed Rs 100 crore.