Funding · Education & Skilling

Mesa School prepares for Rs 100 Cr Series A

By Startup Enthusiast · 10 September 2026

Date: 10 September 2026
Company: Mesa School
What it does: Business school for startup leadership
Kind: Funding
Amount: Rs 100 Cr
Stage: Series A
Based in: Bangalore
Sector: Education & Skilling

What they do

Mesa School operates a Bangalore-based business school focused on startup leadership, entrepreneurship, product management, and artificial intelligence for…

What happened

The company is raising Rs 100 crore in a Series A round, comprising Rs 84 crore in equity and Rs 16 crore in venture debt

Why it matters

The round includes a secondary sale where co-founder Varun Limaye is selling a 2.9% stake to existing investors to provide them with increased ownership

The details

Mesa School is currently in the process of raising Rs 100 crore in a Series A funding round.
The capital structure includes Rs 84 crore in fresh equity and Rs 16 crore in venture debt (a type of loan for startups).
Co-founder Varun Limaye is selling a 2.9% personal stake for approximately Rs 3 crore in a secondary transaction (existing shareholders sell their shares; no new money reaches the company).
Existing investors are participating in this secondary sale to increase their ownership stake in the business.
The funding round is currently ongoing and has not yet reached completion.

The bigger picture

The school has reported a 2.5X growth in both annual revenue and student enrollments over the past year.
Mesa School competes with other specialized education providers like Masters' Union, Altera Institute, and Scaler.
The institution aims to bridge the gap between traditional business education and the practical requirements of the startup ecosystem.

About the business

Mesa School of Business is based in Bangalore and offers a 12-month full-time PGP in Startup Leadership & Entrepreneurship.
The curriculum is AI-focused and features classes led by CXO-level industry executives.
The program currently serves 175 students per cohort and maintains a network of over 500 partner startups.
Alumni typically pursue roles as entrepreneurs or work directly with founders in high-growth companies.
The school reports an average CTC (cost to company, or annual salary package) of 26 Lakhs for its graduates.
Top-performing students achieve an average CTC of 36.5 Lakhs, with an average salary jump of 2.8X.

What happens next

The company is expanding its educational offerings across startup leadership, entrepreneurship, product management, and AI.

The deal

Type: Series A

Investors

Elevation Capital (existing) — Led the company's seed round in 2023.
Kunal Shah (angel) — Founder of CRED and advisor to the school.
Vidit Aatrey (angel) — Founder of Meesho.
Abhiraj Bhal (angel) — Founder of Urban Company.

Founders

Ankit Agarwal, Co-founder
Varun Limaye, Co-founder

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