Mesa School of Business raises Rs 110 crore

What happened: Mesa School of Business raised Rs 110 crore at a post-money valuation of around Rs 385 crore, to expand its programmes and add AI to its curriculum. Key numbers: Rs 110 crore raised; Rs 385 crore post-money valuation; Rs 85 crore equity co-led by Dharana Capital and Elevation Capital; Rs 25 crore venture debt from InnoVen Capital and Alteria Capital; about Rs 3 crore secondary transaction by cofounder Why it matters: The round combines equity and venture debt and includes a secondary sale by a cofounder, funding expansion of programmes and AI integration into the curriculum.

Mesa School of Business raised Rs 110 crore at a post-money valuation of around Rs 385 crore, to expand its programmes and add AI to its curriculum.

The round combines equity and venture debt and includes a secondary sale by a cofounder, funding expansion of programmes and AI integration into the curriculum.