Ranjan Pai-led Manipal Group enters BYJU’S insolvency race

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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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Ranjan Pai-led Manipal Group enters BYJU’S insolvency race


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…



Source link

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.

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