Funding · Education & Skilling

PhysicsWallah raises stake in yoga startup

By Startup Enthusiast · 7 February 2026

What they do

PhysicsWallah invested ₹1.5 crore in Kay Lifestyle and Wellness, raising its stake to 41.18%

The investment is part of a multi-tranche deal that could take ownership to 50%

Kay Lifestyle operates under Kamya Yoga & Wellness, offering yoga, meditation, and nutrition programmes

PhysicsWallah invested ₹1.5 crore in Kay Lifestyle and Wellness, which runs Kamya Yoga & Wellness.
The investment bought 300 Series Seed CCPS (compulsorily convertible preference shares, a type of shares that convert to equity later).
This second tranche raised PhysicsWallah's stake to 41.18% on a fully diluted basis (considering all possible shares).
The board of PhysicsWallah approved the investment on 5 February 2026.
PhysicsWallah had signed a shareholders' agreement and a subscription agreement with Kay Lifestyle on 15 April 2025, committing to a multi-tranche investment.
In the first tranche, PhysicsWallah acquired one equity share and 399 Series Seed CCPS.
PhysicsWallah can subscribe to up to 999 CCPS in total, potentially raising its ownership to 50%.
The proposed investment is expected to be completed within one year.

This is a strategic move by PhysicsWallah to expand into the wellness and yoga segment.
The multi-tranche structure shows a phased investment approach to manage risk.
Kay Lifestyle's small turnover of ₹1.17 crore (for the period ended 31 Dec 2025) indicates an early-stage bet.
The potential to reach 50% ownership gives PhysicsWallah significant control.

PhysicsWallah is an edtech platform offering courses for competitive exams like JEE and NEET.
It provides online video lectures, test series, and doubt-solving.
The company operates through its app and website, with a large student base.
It also has offline coaching centers in multiple cities.
Revenue is generated through course fees and test series subscriptions.