A place at an Indian Institute of Technology is a golden ticket. There are 23 IITs across India, the country’s most elite technology training institutions: a production line for CEOs. Alphabet CEO Sundar Pichai and Flipkart’s founder Sachin Bansal are among their alumni. So are Infosys founder N. R. Narayana Murthy and FedEx CEO Raj Subramaniam.
Dhaval Raghwani hadn’t even considered going to an IIT until, in 2017, a coaching institute—a finishing school designed to get kids into elite institutions—opened up in Thane, close to where he lived in Mulund, Mumbai. Possibilities unrolled in front of him. Each year, the media runs
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