Ranjan Pai’s Manipal Education & Medical Group (MEMG) has emerged as a potential bidder for Think & Learn, the bankrupt parent of edtech firm Byju’s, people briefed on the developments said. Prospective buyers will have the option to acquire either the entire Think & Learn, or select assets of the company, including its Aakash stake and other businesses such as GeoGebra, WhiteHat Jr and Toppr.