Business · Companies · 1 hr ago
Mesa School of Business raises Rs 110 crore in co-led funding round
Mesa School of Business has raised Rs 110 crore in a funding round.
Dharana Capital and Elevation Capital co-led the round.
The announcement does not identify any other investors.
The funding gives the business school new capital, but it does not say how the money will be used.
It provides no further background on the school or its plans.
No next steps were announced.
Bengaluru-based Mesa School of Business raised ₹110 crore in a Series A funding round combining equity and venture debt.
The ₹85 crore equity portion was co-led by Dharana Capital and existing investor Elevation Capital.
InnoVen Capital and Alteria Capital provided the remaining ₹25 crore as venture debt.
The round valued Mesa at ₹385 crore post-money, cofounder Ankit Agarwal told Inc42.
Mesa plans to use the funds to strengthen its leadership team, add courses, integrate AI into programmes and deepen startup partnerships.
- Who
- Mesa School of Business raised the funding. Dharana Capital and Elevation Capital co-led the equity portion.
- What
- Mesa raised ₹110 crore in a Series A round, comprising ₹85 crore in equity and ₹25 crore in venture debt.
- When
- The reports were published on October 13, 2026; the funding date was not stated.
- Where
- Mesa is based in Bengaluru, India.
- Why
- Mesa plans to scale its programmes, launch courses, integrate AI, strengthen its leadership team and deepen startup partnerships.
This story does not have two clearly opposing sides.
Mesa was founded by Ankit Agarwal and Varun Limaye.
Inc42 and YourStory published reports on Mesa’s ₹110 crore funding round.
- Total funding
- ₹110 crore
- Equity funding
- ₹85 crore, co-led by Dharana Capital and Elevation Capital
- Venture debt
- ₹25 crore from InnoVen Capital and Alteria Capital
- Post-money valuation
- ₹385 crore
- Location
- Bengaluru, India
What people are saying
If you want to go and work in a startup, there is no one place which sort of builds the right network
The institutions just don’t have the capability or the incentives to keep changing their curriculum and to keep it super agile over time, and that’s where we felt that we should come in and create talent for the startup ecosystem across levels and functions
Sources
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