Mesa School Bags ₹110 Cr To Launch New On-Campus Courses

Bengaluru-based Mesa School of Business has raised ₹110 Cr ($11.4 Mn) in its Series A funding round in a mix of debt and equity. The round pegged the business school at a post-money valuation of ₹385 Cr ($40 Mn), cofounder Ankit Agarwal told Inc42. While the ₹85 Cr equity round was co-led by Dharana Capital and existing backer Elevation Capital, the remaining ₹25 Cr was raised via venture debt from InnoVen Capital and Alteria Capital.