The troubled insolvency of Think and Learn Pvt Ltd (TLPL), the parent company of class=”link inline_link body_main_link” href=”https://yourstory.com/tag/byjus” data-clickurl=”https://yourstory.com/tag/byjus” data-pageurl=”https://yourstory.com/2025/11/ranjan-pai-led-manipal-group-enters-byjus-insolvency-race” data-clicktext=”BYJU’S” data-tagposition=”1″ data-position=”1″ data-sectiontype=”article body” data-emailid=”ishan.p@yourstory.com”>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 ( class=”link inline_link body_main_link” href=”https://yourstory.com/tag/aakash-educational-services-pvt-ltd” data-clickurl=”https://yourstory.com/tag/aakash-educational-services-pvt-ltd” data-pageurl=”https://yourstory.com/2025/11/ranjan-pai-led-manipal-group-enters-byjus-insolvency-race” data-clicktext=”AESL” data-tagposition=”2″ data-position=”2″ data-sectiontype=”article body” data-emailid=”ishan.p@yourstory.com”>AESL).
MEMG India has formally submitted an Expression of Interest (EOI) to participate in…
