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Manipal Group's Pai offers ₹300 cr loan facility to BYJU'S: Report
short by Mansi Agarwal / on Monday, 16 October, 2023
Manipal Education and Medical Group Chairman Ranjan Pai has offered a ₹300 crore loan facility to BYJU'S parent Think and Learn Private Limited, Mint reported. Pai's total investment in the company could potentially reach $300 million, the report added. His investment will reportedly help the edtech startup repay a loan taken from US-based investor Davidson Kempner.
read more at Outlook India