/
•
•
Manipal Group scion Ranjan Pai has converted his debt for a 40% stake in the test-prep company, as Byju’s inches closer to losing its crown jewel.

A public listing will help clean up the hospital chain’s balance sheet after the costly Sahyadri acquisition. But depressed metrics, integration risks and lofty valuations make this far from a clean turnaround story.
Our story on SME IPOs and Beeline Capital Advisors has been taken down on receipt of a legal notice from Beeline Capital Advisors.
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.