PhysicsWallah Q1 FY27 revenue jumps 24% to Rs 1,054 Cr amid Rs 88 Cr net loss

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PhysicsWallah Q1 FY27 revenue jumps 24% to Rs 1,054 Cr amid Rs 88 Cr net loss

Startups

PhysicsWallah reported a 24% revenue increase to Rs 1,054 crore for Q1 FY 2026-27, driven by an 88% surge in its K-12 segment. The company narrowed its net loss to Rs 88 crore and achieved a positive EBITDA of Rs 52 crore. Despite NEET cycle volatility, offline revenue grew 14%. Strategically, the firm is exiting its lending business to focus on AI-powered learning and a lifelong education ecosystem.

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Tagbin has built an AI platform that turns words into 3D building designs

Startups

Tagbin is taking Brixx to large enterprises first, promising faster BIM generation, cost estimation and regulatory compliance.

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Apple proposes to take a 15% cut of purchases made outside the App Store

Startups

"Apple has submitted a proposal for commissions on external link purchases in iOS apps following a Supreme Court rejection of its delay request. The company proposes a 15% fee for standard apps, 5% for small businesses, and 10% for specific partner programs and subscription renewals. This move comes amid a long-standing legal dispute with Epic Games regarding anti-competitive App Store policies and the recouping of technology investments.".

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Kog is going deeper to squeeze more inference out of GPUs

Startups

French startup Kog aims to accelerate AI inference on standard datacenter GPUs through deep software optimization. CEO Gaël Delalleau leverages his background in physics and cybersecurity to unlock hardware potential, targeting 30x faster LLM inference. While initial demos used small models, Kog is now focusing on larger models to attract professional users. Supported by Bpifrance and Varsity VC, the company seeks a Series A after September milestones.

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(Weekly funding roundup Aug 8-14) Tepid VC inflow but Yulu provides relief

Startups

"Indian venture capital funding dropped in the second week of August, totaling $146 million across 15 deals. The period was highlighted by Yulu raising $93 million, while Centricity and FA Gifts secured $29.3 million and $10.4 million, respectively. Weekly funding typically fluctuates between $100 million and $200 million, suggesting a struggle to maintain high capital inflows. Total annual funding may align with last year's $12.1 billion.".

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KD Cancer Centre delivers integrated, patient-centric treatment

Startups

With multidisciplinary expertise, advanced surgical treatment, and continued support, KD Cancer Centre is building a comprehensive approach to cancer care, addressing both clinical needs and the human journey behind every diagnosis. A cancer diagnosis can change the course of a person's life in a.

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Hyperscalers might regret embracing natural gas if new forecast proves correct

Startups

Hyperscalers including Amazon, Google, Meta, and Microsoft are investing in natural gas power plants to meet the energy demands of AI data centers. However, research from Noreva warns that prices could triple in some U.S. regions due to rising demand and increased exports. These potential price shocks may significantly increase operational costs, potentially raising AI token prices and impacting consumer utility bills as demand surges.

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Redcliffe Labs, Skyroot Partner To Test Diagnostic Reagents In Space

Business

Redcliffe Labs has partnered with Skyroot Aerospace for the DRIFT-1 experiment, testing the stability and performance of dry diagnostic reagents in Low Earth Orbit for 90 days. By comparing space-exposed reagents with Earth-based controls, the startups aim to develop resilient diagnostic technologies for space missions and remote terrestrial environments lacking laboratory infrastructure. This collaboration supports astronaut healthcare and future Indian space programs like Gaganyaan and the Bharatiya Antariksh Station.

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US courts will start publishing how often the government uses spyware

Startups

Starting in 2029, the U.S. judiciary will begin publicly disclosing the number of judge-authorized wiretaps conducted using hacking tools and spyware. This new data, included in the annual Wiretap Report, follows years of advocacy by Senator Ron Wyden. While the statistics will only cover real-time communication interceptions rather than data extraction, privacy experts believe the move will increase government accountability and transparency regarding electronic surveillance.

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PhysicsWallah Q1 Revenue Crosses ₹1,000 Cr Mark, Loss Down 31% YoY

Business

"Edtech company PhysicsWallah reported operating revenue of ₹1,054 crore for the June quarter of FY27, marking a 24.4% year-on-year increase. While total income reached ₹1,162.8 crore, expenses rose 18% year-on-year to ₹1,247 crore. The company's net loss narrowed by 30.5% year-on-year to ₹88.3 crore, although it widened by 27.8% compared to the previous quarter. These figures highlight growth in revenue despite ongoing financial losses.".

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Turtlemint Q1: Loss Trims 19% YoY To ₹38 Cr, Operating Revenue Increased 40%

Business

Insurtech company Turtlemint reported a net loss of ₹37.8 crore for Q1 FY27, a 19% decrease from the ₹46.7 crore loss recorded in the same quarter last year. Despite this improvement, the company shifted from a sequential net profit of ₹3.1 crore. Operating revenue grew 40% year-on-year to ₹294.1 crore, although it declined 18% sequentially. Total expenses for the quarter rose 28% year-on-year to ₹333.5 crore.

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Zaggle Q1 Profit Dips 33% YoY To ₹17.5 Cr Despite 28% Revenue Jump

Business

Fintech SaaS company Zaggle reported a net profit of ₹17.5 crore for Q1 FY27, marking a 33% year-on-year decline and a 57% sequential drop. While operating revenue grew 28% year-on-year to ₹423.3 crore, it fell 32% compared to the previous quarter. Total expenses rose 31% annually to ₹406.7 crore, though they decreased 29% sequentially. The company's total income for the quarter reached ₹429.9 crore.

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Tiger Global Offloads Entire Stake In OTT Platform The Viral Fever

Business

Tiger Global has fully exited The Viral Fever (TVF), selling its stake to Lighthouse India Fund-I, Frontier Globecap Ventures, and LC Nueva Advisors. The deal values the digital content studio at $22 million, a 73% drop from its 2019 valuation of $82 million. This exit coincides with leadership changes at TVF and a broader industry trend of reduced spending and fewer original productions across India's OTT streaming ecosystem.

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Can Zepto’s Revenue Engine Outrun Quick Commerce Costs?

Business

Zepto, a quick commerce pioneer specializing in 10-minute deliveries, is preparing for an IPO. While the company has seen massive revenue growth, reaching ₹22,623.58 Cr in FY26, it continues to face significant net losses due to high delivery and warehousing costs. To improve profitability, Zepto is diversifying its revenue through advertising, platform services, and a shift toward a marketplace model to offset operational expenses.

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Meet the former military people who are now entrepreneurs and industry leaders

Startups

Several former Indian armed forces personnel have successfully transitioned into entrepreneurship and corporate leadership. Anthony Anish co-founded Factoryal and MyGate, while Col Sanjeev Govila launched Hum Fauji Initiatives to provide financial services for military families. Chandan Singh Rathore founded Coreshield, an AI-driven security startup, and Teja Manakame became a prominent tech executive at Dell and Curriculum Associates, applying military discipline to their careers.

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Why Infra.Market Is Using Shalimar Paints To Reach The IPO Milestone

Business

Infra.Market is pivoting from a standalone IPO to a reverse-listing strategy through its listed subsidiary, Shalimar Paints. The company, valued at ₹24,620 crore, faces ₹6,057 crore in debt. To address this, Shalimar Paints has proposed a ₹10,545 crore share swap and a ₹1,000 crore qualified institutional placement. This alternative route provides a faster path to public markets and potential debt repayment amid unfavorable market conditions.

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Forgotten, Fierce, Unstoppable: 10 Indian women who fought the Raj and were left out of the textbooks

Startups

Indian history textbooks often overlook the vital contributions of women during the freedom struggle. Beyond a few famous names, numerous women led rebellions, operated underground radio stations, and engaged in revolutionary violence. Figures like Matangini Hazra, Rani Gaidinliu, and Usha Mehta demonstrated immense bravery through guerrilla warfare and strategic espionage. These women played indispensable roles in challenging British colonial rule to secure India's eventual independence.

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5 Books that reveal the power of uncomfortable truths

Startups

Personal growth often stems from confronting uncomfortable truths and challenging long-held beliefs. Several influential books explore these themes: *The Courage to Be Disliked* addresses the need for approval, *Thinking, Fast and Slow* examines cognitive biases, and *The Subtle Art of Not Giving a F*ck* highlights the necessity of struggle. Additionally, *Man’s Search for Meaning* and *The Road Less Travelled* emphasize finding purpose through suffering and discipline.

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Uber and Pony.ai plan to bring 2,000 robotaxis to Europe

Startups

Pony AI and Uber are expanding their partnership to deploy 2,000 robotaxis across four European cities. Under a joint-deployment model, Pony AI will provide the autonomous vehicle technology while Uber offers its ride-hailing platform. Local providers may manage fleet maintenance and charging. While specific cities and timelines remain undisclosed, the companies previously announced a commercial robotaxi service in Zagreb, Croatia, as part of their global expansion.

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Shiprocket IPO Subscribed 25.8X So Far On Final Day Of Bidding

Business

Shiprocket’s ₹1,617.5 crore IPO saw strong demand, becoming 25.8 times subscribed by the final day of bidding. The offering, comprising a fresh issue and an OFS, received bids for 243.83 crore shares. Non-institutional investors led the surge with a 50.27x subscription, while retail and employee quotas were subscribed 28.99x and 34.46x, respectively. Allotment is expected on August 17, with listing scheduled for August 19.

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