1/5: FIITJEE made its humble beginnings from Delhi’s Kalu Sarai and with an IITian’s brain to help students crack India’s most prestigious exam that would open the gates of the IITs.
2/5: Now, this empire with a turnover of Rs 2,000 cr is crumbling, with a spate of FIRs being filed against it across cities, & staff alleging non-payment of salaries. For students already under the pressure of Board exams, their centres shutting is nothing short of a nightmare.
3/5: FIITJEE’s fall is worrying for India’s multimillion-dollar coaching industry, which is largely unregulated and in constant flux. It relies heavily on advertising blitzkrieg, hefty fee structure, and a limited pool of talented teachers who can often make or break a business.
4/5: Students, teachers, and parents are caught between lawyers and police stations. Police in Ghaziabad, Noida, and Bhopal have lodged FIRs against FIITJEE, while cops in Greater Noida have seized over Rs 11.11 crore from 12 bank accounts.
5/5: For more, read #ThePrintGroundReport by Nootan Sharma @Nootan98 FIITJEE couldn’t solve the money problem. It tried new business models and still failed
theprint.in/ground-reports…
theprint.in/ground-reports…
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