ED Raids 8 FIITJEE-Linked Premises in Delhi-NCR Over Sudden Centre Closures

Share via:

The Enforcement Directorate (ED) on Wednesday conducted raids at eight locations linked to coaching giant FIITJEE in Delhi, Noida, and Gurugram, as part of an ongoing investigation into financial irregularities. The searches, which are still underway, involve premises associated with FIITJEE’s owner, DK Goel, and relate to the sudden closure of several FIITJEE centres earlier this year.

Authorities say the abrupt shutdown impacted the academic plans of nearly 12,000 students, while the institute’s owners allegedly earned around ₹12 crore in profit during the same period. The move has triggered significant backlash from parents and students.

The ED’s probe follows previous action by the Noida Police, who froze over 300 bank accounts tied to FIITJEE and seized ₹60 lakh in cash.

The controversy began in late January, when multiple FIITJEE centres—including those in Raj Nagar (Ghaziabad), Sector 62 (Noida), and Greater Noida—shut down without warning, leaving students stranded just before crucial exams.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

ED Raids 8 FIITJEE-Linked Premises in Delhi-NCR Over Sudden Centre Closures

The Enforcement Directorate (ED) on Wednesday conducted raids at eight locations linked to coaching giant FIITJEE in Delhi, Noida, and Gurugram, as part of an ongoing investigation into financial irregularities. The searches, which are still underway, involve premises associated with FIITJEE’s owner, DK Goel, and relate to the sudden closure of several FIITJEE centres earlier this year.

Authorities say the abrupt shutdown impacted the academic plans of nearly 12,000 students, while the institute’s owners allegedly earned around ₹12 crore in profit during the same period. The move has triggered significant backlash from parents and students.

The ED’s probe follows previous action by the Noida Police, who froze over 300 bank accounts tied to FIITJEE and seized ₹60 lakh in cash.

The controversy began in late January, when multiple FIITJEE centres—including those in Raj Nagar (Ghaziabad), Sector 62 (Noida), and Greater Noida—shut down without warning, leaving students stranded just before crucial exams.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

QSR chain Biryani Blues raises $5 million from Carpediem...

Biryani Blues, a quick service restaurant (QSR) chain,...

Coinbase to join S&P 500

Following the announcement, shares of Coinbase rose 8%...

Kay Cee Energy and Infra Limited annlounced FY25 results

Mumbai (Maharashtra) , May 13: In FY25, the...

Popular

Upcoming Events

Signs your laptop might be bugged. And how to...

Ever get the feeling that your laptop’s watching...

Amazon partners with FedEx for large package deliveries

The collaboration revives a relationship that ended in...

Eric Trump’s American Bitcoin to go public via all-stock...

The deal, expected to close in Q3 2025,...
dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd dsfdsfsd