Sonder rooms can no longer be booked via the Marriott site and app. Marriott said it was helping people who booked via its own platforms but was advising those who booked via a third party to ask for a refund via their credit card issuer. “Sonder has faced severe financial constraints arising from, among other…
The Manipal Group on Thursday confirmed that it has submitted a bid to acquire Think & Learn Pvt. Ltd., the parent company of the bankrupt edtech firm Byju’s. Earlier, it was revealed that the Ranjan Pai-led group had filed an expression of interest (EOI) to take over the struggling company. According to a statement from…
In a significant development in the Byju’s insolvency proceedings, Dr Ranjan Pai-led Manipal Education and Medical Group India (MEMG India) has formally submitted an Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of Think & Learn Pvt Ltd (TLPL) — the embattled parent company of edtech major Byju’s, as per reports. According to documents filed with the Resolution Professional (RP), MEMG India has…
“I don’t want to give up on my team, my friends and my community. I want to be that person who says yes, we are going through the fire, but be the phoenix and come back and learn from these mistakes. “The biggest thing I’ve learnt is to keep going, despite the feelings, despite the…
Manipal Group submits bid once again to acquire BYJU’S Deccan Herald Read the original article here
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Sonder announced bankruptcy this week, cementing that the beleaguered apartment-style accommodations provider — which The Wall Street Journal once called “Airbnb’s billion-dollar competitor” — couldn’t hack it in hospitality. Even with the backing of industry giant Marriott…
Manipal Group submits EOI to participate in insolvency process of Think & Learn, parent of Byju’s Dr. Ranjan Pai–led Manipal Education and Medical Group India (MEMG India) has formally submitted an Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of Think & Learn Pvt. Ltd. (TLPL), the parent company of Byju’s. According…
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