FIITJEE Coaching closed its center and DK Goel the founder went off with 600 student fees. It is often said that failure and winning is two sides of the same coin. One bad move and all washes away. An IIT grad DK Goel who opened coaching sets a perfect example of it. He built an empire of 542 crore Rs but one mistake turned the business upside down.
FIITJEE- an IIT JEE NEET coaching
IIT and NEET aspirants are in deep shock when they heard the news of FIITJEE closing centers in 5 places. Thousands of future aspirants are in deep threat regarding their future. Parents of these aspirants who paid lakhs of fees stand in the queue to get their wards admitted to FIITJEE for their golden future but now that future is at stake and present situation as well is not giving any hope for the future . After the strike against this institute management deliberately shut down all the centers. At MP, FIR lodged against 4 people including the owner of FIITJEE 700 students were enrolled in this institute MP centers. Every students has paid approximately 2 to 6 lakhs.
Center was sealed after Police complaint was lodged. Police has made special teams to arrest DK Goyal. Bhopal Police Commissioner Hari Narayan Mishra told reporters that Special teams are divided into 3 teams to arrest Goyal. One team has been sent to Delhi to raid all the illegal places of Goyal.
Who is FIITJEE founder D K GOEL?
FIITJEE DK Goel story is very interesting and different in itself. He himself was an IITian from Mechanical engineering. After passing out from IIT he planned to start a coaching center to guide students and get them into IIT. He started FITJEE in year 1992 with just an investment of 10000 Rs at his town Delhi. He helped and guided many students to reach IIT. Some students Topped exam of IIT. And along with IIT the medical exam preparation NEET coaching also started.
FIITJEE DK Goel Net worth:
He has net worth of 542 crore. In year 1997 maximum selection in IIt was from FIITJEE. And FIITJEE became a big name after that. DK GOEL and company opened 73 centers across INDIA. Also DK Goel started 2 global schools, 6 world schools and 72 Associate school. And this was the time FIITJEE expanded the business and became a Brand. IN 2023 FIITJEE Net worth was reportedly 542 crore. Now centers are getting closed and that is why the probability of DK Goel getting arrested is increasing per day.
It is claimed that fees of 600 students which was in from 2 to 5 lakhs has been taken away by him. Teachers has not given salary have resigned from there. Though the accurate reason why centers has been closed suddenly has not came into light.
Rivals of FIITJEE in action
Meanwhile other coaching institutes are coming into action giving lucrative offers to the teachers and students. They are distributing pamphlets and calling every students to join their institutes. Students who have lost the fee money are also lagging behind in studies.