Ranjan Pai

UpGrad’s bid is focused on higher-education assets such as Great Learning — not the K12 business, sources told Moneycontrol; the move comes as the company is also in talks to acquire Unacademy as part of a wider consolidation strategy

Ranjan Pai’s Esencia Partners buys property in Lavelle Road for Rs 165.6 crore

According to property registration document said that, the buyer, Esencia Partners, bought the site from Mira Angeline Cummins, an Australian national.

Temasek, Ranjan Pai-backed Manipal Hospitals to win race for Sahyadri Hospitals with near Rs 6,150-crore bid

Final, definitive documents between OTPP and Manipal Hospitals could be signed within the next few days

Easy Home Finance raises $35 mn in Series B funding led by Ranjan Pai’s Claypond Capital, others

The round also saw participation from existing investors Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund

PharmEasy raises $216 million at a 90% lower valuation from peak

The online pharmacy was last valued at $5.6 billion in 2021, followed by nearly 90 percent decrease in its valuation amidst debt repayment related challenges.

With eye on bets worth $10 billion, Temasek's board of directors land in India for key visit

The visit by the Temasek top brass comes in the backdrop of domestic stock markets hitting record highs and state election results indicating policy continuity

Byju's settles dispute with Davidson Kempner as Ranjan Pai buys out debt in Rs 1,400-cr transaction

An entity of Pai purchased all the NCDs of Davidson Kempner on NSE Cbrics platform, putting an end to the longstanding troubles between the edtech and investment management firm Davidson Kempner. As per the terms of the deal, Pai will also secure a seat on Aakash's board.

JSW Ventures fully exits Purplle, sells stake to Manipal Group's Ranjan Pai

After the exit, JSW Ventures has returned 2.7x of the fund size to investors. JSW Ventures first invested in Purplle's Series A round in 2016.

Aakash Chaudhry set to return as CEO of Aakash Educational Services as Byju’s closes in on share swap deal

Chaudhry family, the promoter family of Aakash, which holds about 18 percent of the company's shares, will continue to hold around 8.5 percent in the tutoring unit and receive about 1 percent of Think & Learn Pvt.'s shares at less than half of its previous $22 billion valuation, post-transaction.

Billionaire Ranjan Pai to invest in beauty company Purplle

Pai, who recently sold a controlling stake in Manipal Hospitals to Singapore’s Temasek, is paying Rs 60-70 crore to JSW Ventures to become a shareholder in Purplle through a secondary market transaction

FirstCry: 3 Indian family investment offices pick up Rs 435-cr SoftBank stake

The IPO-bound FirstCry reportedly received a Rs 250 crore investment from Pai on August 14.

Byju’s, lenders miss August 3 timeline to rework loan terms

The timeline for reaching an amendment was formally announced on July 24 by a steering committee of ad hoc term loan lenders who collectively own more than 85 percent of Byju’s $1.2-billion term loan. The committee had said that it and the company agreed to work collaboratively toward a signed and completed term loan amendment (the “Amendment”) prior to August 3, 2023

White Knight? Ranjan Pai in talks to invest $80-90 million in Byju’s-owned Aakash

The company is further seeking another $200 million (Rs 1,600 crore) in Aakash as a part of the funding round where sovereign wealth funds are expected to come on board.

InCred Capital, backed by KKR, ADIA, picks senior i-bankers to lead ECM foray

In July 2022, InCred and KKR announced the conclusion of the strategic merger of InCred Financial Services Limited (InCred Finance) and KKR India Financial Services Limited (KIFS).

Temasek-owned Sheares seals the deal to pick up majority stake in Manipal Hospitals

Prior to the deal, Sheares Healthcare India, an existing shareholder in Manipal Health Enterprises, held around 18 percent stake. Sheares manages a portfolio of healthcare delivery assets for Singapore-headquartered investment major Temasek.

Temasek extends support to Manipal's bid for Medanta: Report

Temasek is expected to roll over its Medanta shares for an extra pie in Manipal, where it would hold 30-35 percent after stake conversion.

Had to take 'more risky' approach in bid for Fortis: Manipal CEO Ranjan Pai

Manipal on Sunday sweetened its bid for Fortis, offering to inject 21 billion rupees ($312.8 million) to help the ailing hospital operator meet its immediate cash needs, a move that Pai said was risky because Fortis is embroiled in a regulatory probe, which is clouding its prospects.

An entrepreneur at heart, Ranjan Pai is the new king of India's healthcare industry

The billionaire entrepreneur’s biggest investment could also turn out to be his toughest challenge yet

Daily wrap-up: Top 3 developments in the startup world

Auto portal CarDekho's parent GirnarSoft is laying off around 60 staffers.

MagicX raises $1 mn, to invest on team expansion

The app enables users to carry out day-to-day tasks like grocery shopping, bill payments, recharge, order food, book flight tickets and other utility services via a chat enabled, artificial intelligence platform and is currently available for free download in the Android store.

11 Debutantes on the India rich list

There are 11 entrepreneurs debuting on the India Rich List this year.

Manipal University's new course of action

Ex-Infy man Mohandas Pai joins Ranjan Pai to write a fresh chapter in Manipal University’s book