Mesa School of Business Raises ₹110 Crore Led by Dharana, Elevation

13 Oct 2026, 9:53 am · 5h ago · 1 min read · Entrackr

Amount

₹110 Cr

Stage

Series A

Lead

Dharana Capital

Bengaluru-based edtech startup Mesa School of Business has raised ₹110 crore in a mix of equity and debt, valuing the institution at ₹385 crore. The Series A round includes ₹85 crore in equity co-led by Dharana Capital and existing investor Elevation Capital, alongside ₹25 crore in venture debt from InnoVen Capital and Alteria Capital. Founded in 2023 by Ankit Agarwal and Varun Limaye, Mesa offers startup-focused residential business programs. The funds will be utilized to integrate AI-first curricula into existing courses, launch new academic programs, and expand startup ecosystem partnerships.