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Mesa School of Business raises Rs 110 Cr in equity and debt

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Mesa School of Business raises Rs 110 Cr in equity and debt

Startup-focused business school and edtech company Mesa School of Business has raised Rs 110 crore, comprising around Rs 85 crore in Series A equity funding co-led by Dharana Capital and existing investor Elevation Capital, and Rs 25 crore in venture debt from InnoVen Capital and Alteria Capital.

The company is also backed by founders including Kunal Shah of CRED, Vidit Aatrey and Abhiraj Bhal of Meesho, and Vijay Shekhar Sharma of Paytm.

According to the company, the fresh funding round values it at Rs 385 crore.

Entrackr had exclusively reported on Mesa School of Business’s Series A funding last month.

The proceeds will be used to invest in an AI-first curriculum for existing programmes, launch and scale new programmes, and build strategic partnerships with the startup ecosystem, the company said in a press release.

Co-founded in 2023 by Ankit Agarwal and Varun Limaye, Mesa School of Business offers residential programmes for undergraduates, fresh graduates and early-career professionals. The Bengaluru-based institution aims to prepare students for leadership and entrepreneurship in an AI-first world.

The company said every student builds and runs a small business and learns to use AI to develop and launch a technology product. Mesa has grown from a single postgraduate cohort to over 550 students across three programmes: a one-year Post Graduate Programme in Startup Leadership, a four-year undergraduate programme in business and entrepreneurship, and Forge, a one-year programme for fresh graduates.

Mesa said over 100 founders have taught on campus, while students have worked on more than 200 projects with startups.


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