Dr. Bhatia Medical Coaching Institute Private Limited (DBMCI) has entered into a joint venture with Neuroglia Health Private Limited (NHPL), a subsidiary of Japan-based M3, Inc.

JSA advised DBMCI and its promoters on this joint venture.

The transaction team consisted of Prakriti Jaiswal (Partner), Dhruv Malhotra (Principal Associate), Rishika Agarwal (Associate) and Rashi Singh (Junior Associate).

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.

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