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PhysicsWallah enters yoga and wellness, raises stake in Kamya Yoga & Wellness

EntrackrEntrackr · 3h ago
PhysicsWallah enters yoga and wellness, raises stake in Kamya Yoga & Wellness
Medial

PhysicsWallah enters yoga and wellness, raises stake in Kamya Yoga & Wellness Edtech major PhysicsWallah (PW) has forayed into the yoga and wellness segment by increasing its stake in Kay Lifestyle and Wellness Private Limited (Kamya Yoga & Wellness), according to regulatory disclosures filed with stock exchanges. In an exchange filing dated February 5, PW board has approved the second tranche of investment in Kay Lifestyle, involving the subscription of 300 Series Seed Compulsorily Convertible Preference Shares (CCPS). The investment, valued at Rs 1.5 crore, increases PW’s shareholding in the wellness company to 41.18% on a fully diluted basis. PW had entered into a shareholders’ agreement (SHA) and share subscription agreement (SSA) with Kay Lifestyle and its shareholders on April 15, 2025, under which it committed to invest in the company in multiple tranches. The edtech firm had completed the first tranche earlier, acquiring 1 equity share and 399 Series Seed CCPS. Under the terms of the agreements, PW can subscribe to up to 999 CCPS, potentially taking its ownership in Kay Lifestyle to 50% on a fully diluted basis, subject to the fulfilment of agreed conditions. Founded in January 2025, Kay Lifestyle and Wellness operates in the health, fitness and wellness space, offering services across yoga, meditation, nutrition and related wellness programmes. The company reported a turnover of Rs 1.17 crore for the period ended December 31, 2025, according to the disclosure. The investment appears to be largely non-strategic, aimed at leveraging Physics Wallah’s existing technology and infrastructure to build a community-led ecosystem, while also aligning with its broader intent to back women-led entrepreneurship. The move signals PW’s push beyond its core edtech business, as the company explores adjacent consumer-focused segments following its public market debut. PW said it expects to complete the proposed investment within one year, in line with timelines outlined in the agreements.

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WiseLife raises Rs 8 Cr led by Rukam Capital in pre-Series A round

EntrackrEntrackr · 7m ago
WiseLife raises Rs 8 Cr led by Rukam Capital in pre-Series A round
Medial

WiseLife, a brand for all yoga & home fitness essentials, has raised Rs 8 crore in a pre-Series A funding round led by Rukam Capital. It was also featured on Shark Tank India Season 3, where it bagged funding from all four sharks including Aman Gupta, Anupam Mittal, Ritesh Aggarwal, and Namita Thapar. Prior to this, the startup had raised $145K in a seed funding round back in Sep. 2024. The fresh funds will be utilized for the startup to become India’s go-to brand for premium, eco-friendly yoga mats and other wellness products that blend unique design with affordability, WiseLife said in a press release. Founded in 2022 by Prateek Kedia, WiseLife aims to elevate everyday wellness through thoughtfully designed yoga gear. The brand offers a curated range of biodegradable yoga mats, fitness gear, and lifestyle accessories, combining durability, design, and sustainability at accessible price points. According to market research, India's yoga mat market is projected to grow from $1.4 billion in 2024 to $2.2 billion by 2033, while the global market is expected to reach $26.5 billion by 2030. WiseLife aspires to do a lot more experimenting and develop even better products and content for yoga and fitness enthusiasts. The brand states that it is growing a strong customer base and plans to launch new product lines, enhance content and community engagement, and expand distribution in the coming year.

PhysicsWallah raises stake in Utkarsh Classes to 75.5%

EntrackrEntrackr · 1m ago
PhysicsWallah raises stake in Utkarsh Classes to 75.5%
Medial

PhysicsWallah raises stake in Utkarsh Classes to 75.5% In a regulatory disclosure on Monday, PhysicsWallah said its audit committee cleared the acquisition of 25,599 equity shares from existing shareholders. Edtech firm PhysicsWallah has approved the third tranche of its investment in subsidiary Utkarsh Classes & Edutech Private Limited, taking its stake to 75.50%. The transaction will raise PhysicsWallah’s holding from 63.25% to 75.50%. The two firms have been operating under a long-term strategic joint venture since early 2023. The acquisition is part of a multi-tranche Share Acquisition Terms Agreement (SATA) signed in February 2023, under which PhysicsWallah plans to acquire up to 100% ownership in Utkarsh Classes. The third tranche will be completed through a cash payment of Rs 26.50 crore. This includes the purchase of shares with a face value of Rs 10 each, acquired at a premium of Rs 10,342 per share. Founded in November 2018, Utkarsh Classes operates in the education segment, running coaching centres and offering educational content and course materials. The company reported a turnover of Rs 168.96 crore in FY25, Rs 146.97 crore in FY24, and Rs 158.92 crore in FY23. PhysicsWallah expects to complete the acquisition of the remaining stake by March 2028. The development comes soon after PhysicsWallah public listing. The firm listed at Rs 145 on the stock exchanges, a premium of around 33% over the IPO price. The company raised about Rs 3,480 crore through the public issue, which included a fresh issue and an offer for sale.

PhysicsWallah raises stake in Xylem Learning to 77.27% in Rs 123 Cr deal

EntrackrEntrackr · 1m ago
PhysicsWallah raises stake in Xylem Learning to 77.27% in Rs 123 Cr deal
Medial

News All Stories PhysicsWallah raises stake in Xylem Learning to 77.27% in Rs 123 Cr deal The company’s board cleared the move through a third amendment to the shareholders’ agreement signed with Xylem Learning and its existing shareholders. Kunal Manchanada 18 Dec 2025 18:56 IST Follow Us Edtech firm PhysicsWallah has approved the acquisition of an additional 12.29% stake in its subsidiary Xylem Learning, taking its total shareholding to 77.27%, according to a regulatory filing made on Thursday. The company’s board cleared the move through a third amendment to the shareholders’ agreement signed with Xylem Learning and its existing shareholders. As part of the transaction, PhysicsWallah will acquire 930 equity shares from existing investors for a total cash consideration of Rs 122.9 crore. As per the filings, PhysicsWallah had entered into a shareholders’ agreement with Xylem in June 2023, which was subsequently amended in June 2023 and February 2025, to acquire up to 100% equity ownership in the company over multiple phases. Prior to this transaction, PhysicsWallah held 64.98% of Xylem’s fully diluted equity share capital. Xylem Learning, incorporated in December 2020, operates in the education sector and focuses on preparing students for competitive examinations such as JEE, NEET, and foundation-level courses through online and offline formats. The Kerala-headquartered edtech firm has posted Rs 322.26 crore revenue in FY25. The transaction follows a similar move by PhysicsWallah in another subsidiary, Utkarsh Classes & Edutech. Earlier this month, the company raised its stake in Utkarsh Classes from 63.25% to 75.50% by acquiring an additional tranche of shares for Rs 26.5 crore in cash. Over the past few years, PhysicsWallah has been steadily increasing control over several offline coaching and hybrid education players as part of its inorganic expansion strategy. The company has consistently indicated that such acquisitions are aimed at strengthening its presence in key regional markets and deepening its offline and hybrid education footprint. PhysicsWallah’s operating revenue grew nearly 26% to Rs 1,051.26 crore in Q2 FY26 from Rs 832.17 crore in Q2 FY25. During the period, its profit rose by 70% to Rs 69.7 crore.

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