Edtech unicorn PhysicsWallah has increased its stake in its subsidiary Utkarsh Classes & Edutech Private Limited to 75.50 percent after approving the third tranche of its investment.
The infusion of Rs 26.5 crore is part of a February 2023 agreement, under which the edtech firm plans to gradually acquire ...
Utkarsh Small Finance Bank (Utkarsh SFBL) has partnered with Axis Securities to launch a 3-in-1 account that integrates banking and investment services for its customers. The offering combines a ...
Utkarsh, since its inception, has largely focused on lending towards microfinance customers. However, post SFB conversion in FY17, it has strategically focused and realigned its portfolio towards ...
Utkarsh SFB (Utkarsh) is embarking on a journey to deliver 25% credit growth with 50% share of secured products and RoE of ~15% over the next 2–3 years driven by NIM expansion to 8.5% and credit cost ...
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