The troubled insolvency of Think and Learn Pvt Ltd (TLPL), the parent company of BYJU’S, has gained a contender after the Ranjan Pai-led Manipal Education and Medical Group India (MGME India) formally entered the process as a prospective bidder.
The move positions the Manipal Group at the centre of a complex corporate resolution battle, especially given its controlling stake in Aakash Educational Services Limited (AESL).
MEMG India has formally submitted an Expression of Interest (EOI) to participate in…

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