iWorld
Eros Now partners with The Mobile Wallet
MUMBAI: Eros Now, the cutting-edge digital over-the-top (OTT) South Asian entertainment platform owned by Eros International Plc (NYSE: EROS) (“Eros” or the “Company”), a Global Indian Entertainment Company, today announced its partnership with TMW Fintech Pvt Ltd’s ‘The Mobile Wallet’ – India’s fast-growing financial technology service that makes daily transactions easy as users never have to reach for their physical wallets. As part of the partnership, The Mobile Wallet users can take advantage of a special offer and enjoy Eros Now’s massive entertainment library which consists of over 12,000 movie titles, original series, music videos, short form content (Eros Now Quickie) and more.
Eros Now is the first and only online video streaming platform that can be accessed in the newly introduced ‘Entertainment’ tab of ‘The Mobile Wallet’, a doorway to entertainment for over 2.5 million active users of the digital wallet.
Speaking on the partnership, Rishika Lulla Singh, Chief Executive Officer, Eros Digital, said, “The Fintech industry has witnessed immense growth in India and this partnership solidifies the continual innovation of both Eros Now and The Mobile Wallet to enhance user experience. The collaboration will enable us to cater to the potential online video streaming audience by offering them a wide array of entertainment content to choose from. The newly curated ‘Entertainment’ tab featuring Eros Now also adds a new dimension to the unique offerings of The Mobile Wallet and promises to further engage its users.”
Mr. Vinay Kalantri, Founder & Managing Director, TMW Fintech Pvt Ltd, said, “The blend of financial solution with entertainment strengthens our unique offerings portfolio. The additional engagement that this partnership will drive also promises the growth of technological infrastructure. We are glad to partner with Eros Now and introduce an ‘Entertainment’ category.”
iWorld
Physicswallah acquires Nextseed Foundation for Rs 1 lakh
Edtech firm completes 100 per cent stake purchase, making it wholly owned subsidiary.
MUMBAI: Physicswallah just aced another acquisition because when you’re already teaching millions, why not add a non-profit to the syllabus for just a lakh? Physicswallah Limited announced on Thursday that it has completed the acquisition of Nextseed Foundation, a Section 8 non-profit company, making it a wholly owned subsidiary with effect from 18 March 2026. The transaction, approved by the board on 5 February 2026, involved purchasing 100 per cent of the issued and paid-up equity share capital for a consideration of Rs 1 lakh.
The deal marks the formal closure of the acquisition, with detailed disclosures already submitted to stock exchanges in February in line with SEBI’s Listing Obligations and Disclosure Requirements (LODR).
Nextseed Foundation will now operate as part of Physicswallah’s broader education ecosystem, aligning with the company’s ongoing strategy to diversify and strengthen its presence across segments.
The announcement comes on the heels of strong financial performance. Physicswallah reported a 34 per cent year-on-year increase in operating revenue to Rs 1,082 crore in Q3 FY26 (from Rs 810 crore in Q3 FY25). Net profit rose 33 per cent to Rs 102 crore (from Rs 77 crore), and surged 46 per cent sequentially from Rs 70 crore in Q2 FY26, crossing the Rs 100 crore quarterly mark for the first time.
In an edtech landscape where growth is the ultimate exam, Physicswallah isn’t just passing, it’s topping the class, one strategic move (and one very affordable acquisition) at a time.
