Unable to admit son to a prestigious school, 35-yr-old techie sets himself ablaze

News Network
December 6, 2017

Bengaluru, Dec 6: A 35-year-old software engineer, who set himself ablaze in the course of an argument with the owner of a tutorial institute, has died of burn injuries.

Ritesh Kumar, a resident of Lal Bhadur Shastri Nagar in HAL, doused himself with petrol and struck a match. The flames engulfed him. He worked for a company in Marathahalli, and lived with his wife Parul, son Dharsh and daughter Vidhi.

He had handed Rs. 2.5 lakh to Aditya Bajaj, owner of Aditya Tutorials in JP Nagar, seeking admission for his son at a school. Bajaj neither provided the child a seat nor returned the money. Frustrated, Ritesh carried a bottle of petrol to Aditya Tutorials on November 30. He died in hospital next day.

Bajaj, 35, who suffered burns trying to save the engineer, is recovering in the same hospital. "We've registered a case of abetment to suicide and cheating against Bajaj," deputy commissioner of police (south) SD Sharanappa said. "I've asked JP Nagar police to find out if Aditya has cheated other parents too."

Police said the boy's parents were keen on admitting him into a prestigious school. Earlier this year, they contacted Bajaj, who runs Aditya Tutorials in JP Nagar. He promised them a seat. Kumar paid Bajaj Rs 2.5 lakh, but he reneged on his promise. The boy is now in Class I at a school near the family's residence.

Police said Kumar began pressuring Bajaj to return his money. Bajaj returned Rs 1.25 lakh and sought time to return the rest. But Parul said in her complaint: "Aditya Bajaj told us he won't return our money even if we died before him. My husband called me at 8.10pm on November 30 and said he is going to meet Aditya. I was informed about his suicide attempt at 11pm. He died the next day."

Police said Kumar was earning Rs 15 lakh per annum. "We are investigating whether he was trying to only threaten Aditya," police said.

Comments

Mohammed
 - 
Thursday, 7 Dec 2017

Really sad, Our Indian Educatuion is reached to another Level. Some people sit on road to get Application form in St.Joseph College Banaglore. I dont understand why parents take so much pain.  I would request parents to think practically, about such schools & Colleges.  These institutions are not worth where they make education as business. Your kid can create wonders in other schools & colleges. Now Education beacame as business, our teachers told us " I have knowledge & i want to share without anything in return". 

sonnet
 - 
Wednesday, 6 Dec 2017

it was the responsibility of the the owner of a tutorial institute, to give addmission to the student after being promise by them and after tghe money was paid 

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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coastaldigest.com news network
February 28,2020

Mangaluru, Feb 28: Two labourers lost their lives as they were buried alive in a landslip at Karangalpady Junction near Bunts Hostel in the city today.

The landslip occurred when a compound wall collapsed burying at least five persons under the debris. It is feared that three people are still under the debris.

The deceased have been identified as Mohammad Masood (20) from West Bengal and Bhimappa (25) from Bagalkote.

Local police and fire fighters are carrying out rescue operation.

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News Network
June 12,2020

Mangaluru, Jun 12: A pregnant woman who returned from Maharashtra and tested positive for coronavirus on Wednesday, gave birth to a child at the Wenlock COVID-19 hospital in Mangaluru. After she experienced labour pain, a team of expert doctors performed the delivery through the caesarean section on Thursday.

Both the woman and the new born are safe, hospital sources said. The woman, who belongs to Kinnigoli in Dakshina Kannada district, had arrived in the city on Monday. She was in an advanced stage of pregnancy and was taken to another hospital the next day after she complained of weakness.

As she came from Maharashtra, she was shifted to a separate ward at the Wenlock hospital and quarantined. Her throat swab samples tested positive on Wednesday. A COVID-19 test will be done on the baby after a few days, district health officer Ramachandra Bairy said.

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