Manipal Group submits EOI for Byju's takeover

6 Nov 2025 · 12:04 ISTmarket hours1 source ↓written by the desknot a recommendation

deadline: 13 Nov 2023
by Prosus: 75% valuation cut

The Manipal Group has submitted an expression of interest (EOI) to fully acquire Byju’s amid ongoing insolvency proceedings. Other bidders are evaluating their options before the 13 Nov 2023 deadline. Byju’s has faced significant challenges, including a 75% valuation cut by Prosus, leading to layoffs and financial scrutiny.

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OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Nov 2025, 12:04 IST.

Sourcesnews.google.com

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Manipal Group submits EOI for Byju's takeover

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