Freedom 251: Ringing Bells Founder Mohit Goel Quits

I am sure each one of us must have read about the biggest smartphone innovation of this year. Yes, I am talking about Freedom 251. As the name itself clarifies, this smartphone was supposedly out in the market for just Rs. 251. Possession of a smartphone at just Rs. 251 was kind of amazing. This news covered the breaking news section of almost all the news channel. Right now also, Freedom 251 is back with some surprising news.

• Is It True That Mohit Goel Has Quit?

It is absolutely true that the Shamli boy has quit from Freedom 251. Let me tell you that Mohit Goel is the one that once made headlines about the offering of smartphone at just Rs. 251. He was the founder as well as the managing director of Ringing Bells. It is said that he has started another company, known as MDM Electronics. Even Dhaarna, director of Ringing Bells and wife of Mohit has also resigned.  Now, who will take care of the company Ringing Bells?

It is said that Mohit Goel’s brother, Anmol Goel will take the charge of Ringing Bells. The company itself confirmed this news. The company’s office, in sector 62 of Noida, has been shut for over two weeks since today.  The dealers associated with the company also, have no clue about the plans of Ringing Bells. There is no explanation given by either of Mohit or Dharna, for the purpose of leaving.

• What About The 7 Crore People Who Registered For Freedom 251?

As the news of getting a smartphone for just Rs. 251 spread, approximately seven crore people registered for it. Among those 7 crore, around 30,000 people had already made advance payments. The company started facing pressure when there was lack of manufacturing facility. This was the reason for refunding the entire amount and tweaking of the plan to make it just a cash on delivery offer. Dealers have shut down their shops as they don’t know how to answer people who already gave money. They have not received any communication about further steps.

The dealers have already given money to the Ringing Bells, and now, they have no idea what is going to happen. They can’t even go to the police station, as the company has given the check that is dated as 31^st December of the 2016. So now, even the entire company has gone missing, these dealers had no option but to wait, till 31^st December. One of the dealers named Devdutta Malhotra has told that he owe Ringing Bells an amount of Rs. 16 lakhs. It is said the entire company has been dissolved and an entire new company named MDM will be formed. Whatever happens, we will keep you updated, you just need to stay tuned.