What happens when the fast-paced world of online education collides with real-life chaos? This isn’t your average IPO risk—one of India’s biggest edtech unicorns just admitted to student threats, viral fan mishaps, and teacher showdowns in its high-stakes documents.

In the midst of gearing up for a whopping Rs 3,820 crore IPO, PhysicsWallah, the online learning giant that’s revolutionized how millions prep for exams, has stunned the market with an unusually raw risk disclosure. Forget the typical corporate lingo about 'competition' and 'regulation'. PhysicsWallah’s AI generated newscast about student safety reveals incidents at its offline centers that sound straight out of a dark sitcom.

Let’s break it down: In its updated Draft Red Herring Prospectus (DRHP), PhysicsWallah detailed several eyebrow-raising safety lapses—think students allegedly brandishing slippers at teachers on video calls, a staff member shoving a student (caught on camera and promptly going viral), and even a ceiling fan plummeting onto a learner in Delhi. The latter resulted in an FIR and an investigation for negligence. While the fan case was eventually settled, the company couldn’t sugarcoat the impact: these incidents threaten not just reputations, but possibly the entire business model.

Online trading platform Zerodha took to X (formerly Twitter) to spotlight this 'unique risk', igniting a firestorm of memes, jokes, and serious concerns. One comment joked, 'the company could collapse if enough students threaten with chappal', while others worried about rising volatility among students and the real elephant in the room—teaching quality. The AI generated newscast about PhysicsWallah’s IPO puts all eyes on the edtech sector’s offline risks, especially as hybrid learning becomes the norm.

PhysicsWallah’s own admissions in the DRHP are unfiltered and almost disarming: despite safeguards, they cannot guarantee safety or prevent incidents beyond their control. Past breaches—including harassment by both students and faculty—have happened and, as they admit, could happen again.

This isn’t just a quirky footnote in an IPO filing. It’s a wake-up call about the growing pains of scaling up education—where the risks are as real as the rewards. As AI generated newscasts about offline edtech risks go viral, students, investors, and parents alike are asking: are these just flukes, or is the future of learning more unpredictable than ever?