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…

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