JSA advised Dr. Bhatia Medical Coaching Institute Private Limited (DBMCI) and its promoters on its joint venture with Neuroglia Health Private Limited (NHPL), a subsidiary of Japan-based M3, Inc.
DBMCI is a pioneer in post-graduate medical entrance examinations, which operates face to face classes, live video-based coaching, provides pre-recorded lectures, and is in the teaching business since 1996. M3, Inc. provides a web portal called “M3 India” for physicians, and a learning platform “Marrow” for medical PG preparation in India.
The joint venture will enable M3, Inc. to enter the offline preparatory school business for doctors and medical students in India, complementing its existing online learning platform.
Our transaction team comprised Partner – Prakriti Jaiswal, Principal Associate – Dhruv Malhotra, Associate – Rishika Agarwal and Junior Associate – Rashi Singh.
Dhruv regularly advises clients on transactional and advisory matters. His primary experience areas are mergers and acquisitions, private equity, and cross border investments.