Ranjan Pai's Manipal Group set to gain majority stake in Blackstone-backed firm
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Ranjan Pai's Manipal Group set to gain majority stake in Blackstone-backed firm

By Aman Rawat

  • 09 May 2025
Pro
Ranjan Pai's Manipal Group set to gain majority stake in Blackstone-backed firm
Ranjan Pai, Chairman, Manipal Group

Billionaire Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG), is likely to soon take a controlling stake in a company that counts private equity behemoth Blackstone as an investor, VCCircle has learned.  Pai, who remains a minority shareholder in Manipal Hospitals and invests in startups through his family office ......

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