Manipal Group submits EoI for Byju’s parent again

Manipal Education and Medical Group India, led by Ranjan Pai, has submitted an expression of interest (EoI) to participate in the insolvency resolution process of Think & Learn, the parent company of troubled edtech firm Byju’s.

This is Manipal’s second EoI submission after the resolution professional (RP) extended the deadline to November 13.

Sources indicated that Manipal is currently the only entity to have submitted an EoI for Byju’s parent firm, which is undergoing insolvency before the National Company Law Tribunal (NCLT).