Mesa School of Business Secures ₹110 Crore in Series A Funding

13 Oct 2026, 6:00 am · 3h ago · 1 min read · Inc42New

Amount

₹110 Cr

Stage

Series A

Lead

Dharana Capital, Elevation Capital

Bengaluru-based Mesa School of Business has raised ₹110 crore ($11.4 million) in a Series A funding round comprising equity and debt, valuing the institution at ₹385 crore ($40 million). The ₹85 crore equity portion was co-led by Dharana Capital and existing investor Elevation Capital, while ₹25 crore in venture debt was secured from InnoVen Capital and Alteria Capital. Founded in 2023 by Ankit Agarwal and Varun Limaye, Mesa offers full-time on-campus business programmes. The capital will be deployed to expand leadership, integrate artificial intelligence into course curricula, and deepen partnerships with startups.