The Financial Express

Aakash defers share allotment to TLPL over FEMA, ECB violation concerns

As part of the rights issue, AESL allotted shares to Manipal Group and Beeaar Investco, which contributed around Rs 58 crore and Rs 16 crore, respectively, proportionate to their shareholding of 58.8% ...

Billionaire Ranjan Pai's Manipal Group eyes Byju's parent in insolvency bid

Manipal Education and Medical Group (MEMG), led by billionaire Ranjan Pai, has submitted an expression of interest (EOI) to join the insolvency process of Think & Learn Pvt. Ltd. (TLPL), the parent ...
Edex Live on MSN

Manipal Group bids to acquire parent company of BYJU’S

The Manipal Education & Medical Group (MEMG) has formally entered the running to acquire Think & Learn Pvt Ltd, the insolvent ...

Aakash puts BYJU’S parent’s rights issue allotment on hold over FEMA, ECB compliance concerns

Aakash suspends BYJU'S share allotment over compliance issues, while AESL approves funding for Manipal Group and Beeaar ...

Manipal Education submits expression of interest for Byju's parent Think & Learn under insolvency process — What we know

Ranjan Pai's Manipal Education and Medical Group has submitted its expression of interest (EOI) for Byju's parent company ...

Why Manipal and upGrad want Byju’s—and what’s really at stake now

Two education giants, Manipal Group and upGrad, are vying for Byju's bankrupt parent, TLPL, in an insolvency process at the NCLT. The outcome hinges on creditor confidence and the bidders' financial ...
Analytics Insight

Shockwaves in Byju’s Case: $533M Allegedly Sent Back to Founder Amid UpGrad and Manipal Bids

Ronnie Screwvala-led UpGrad has formally joined the race to acquire Byju’s parent entity, Think & Learn, thus confirming the ...
Inc42

Aakash Rights Issue: BYJU’S Parent’s INR 25 Cr Share Allotment Put On Hold

Aakash’s board put the share allotment on hold citing non-compliance with FEMA rules, the Companies Act, or the ECB ...
Forbes

Indian Billionaire Ranjan Pai Is Looking To Cement His Legacy With A Billion-Dollar Windfall. Is A Calculated Bet To Fund Troubled Startups The First Step?

After pocketing $1 billion from sale of stake in hospital chain Manipal Health Enterprises to Temasek, healthcare and education tycoon Ranjan Pai sees niche in deploying “confidence capital” to ...
Nasdaq

KKR Announces $600 Mln Financing To Manipal Group In India

(RTTNews) - KKR and Manipal Education and Medical Group, a diversified conglomerate in India, announced a $600 million financing arranged by KKR Capital Markets and anchored by KKR's private credit ...
VCCircle

KKR extends $600 mn in credit financing to Manipal Group

Global private equity firm KKR said Monday it has extended $600 million in credit financing to the Manipal Education and Medical Group to help the Ranjan Pai-led business house accelerate growth. This ...
health.economictimes.indiatimes

Manipal HealthMap completes acquisition of Hyderabad-based Medcis PathLabs

The company had acquired an 84 per cent stake in Medcis Pathlabs in April 2022 for Rs 100 crore in an all-cash transaction. It has now acquired the remaining 16 per cent stake in the company. The ...