PhysicsWallah raises stake in Kamya Yoga & Wellness to 41% with Rs 1.5 crore investment

Noida-based edtech PhysicsWallah (PW) will be increasing its stake in Kay Lifestyle and Wellness (operating as Kamya Yoga & Wellness), per a stock exchange filing on February 5, 2026.

The company informed the NSE and BSE today that its board had approved the second tranche of investment as per a shareholders agreement and share subscription agreement signed on April 15, 2025.

The investment involves subscribing to 300 series seed compulsorily convertible preference shares (CCPS) for Rs 1.5 crore (Rs 50,000 per share), taking PW’s holding in the wellness venture to 41.18% on a fully diluted basis.


PW currently owns 28.57% of Kay Lifestyle. Per the above agreement, it can buy more shares over time and potentially take its stake up to 50%, if certain conditions are met.

Founded in January 2025, Kay Lifestyle runs fitness and wellness programmes spanning yoga, meditation, and nutrition. It posted revenues of Rs 1.17 crore for the period ended December 31, 2025, the filing said. PW is expected to finish the investment within a year, by February 2027.