CCI Approves Manipal’s Stake Buy in Aakash Educational Services

26 Jun 2025 CW Team

The Competition Commission of India (CCI) has approved a transaction involving the acquisition of equity in Aakash Educational Services Limited by Manipal Health Systems Private Limited and Manipal Education and Medical Group India Private Limited.

Manipal Health Systems (Acquirer 1) operates hospitals and healthcare services across India, while Manipal Education and Medical Group (Acquirer 2) provides management consultancy services. Both companies are Indian-owned and controlled, and are jointly referred to as the Acquirers.

The deal involves the purchase of equity shares in Aakash Educational Services Limited from Mr J.C. Chaudhry, one of the individual shareholders in the company.

Aakash Educational Services is a well-established unlisted public company providing a range of educational services across India. These include:

Supplementary classroom coaching for students from Class 8 to 12
Preparation for competitive and merit-based exams, such as Olympiads and NTSE
Multiple delivery models including classroom teaching, online learning, hybrid formats, and distance education

The acquisition marks a strategic move for the Manipal Group, enabling it to strengthen its footprint in India’s education sector. The CCI’s detailed order is expected to follow in due course.

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