Mesa School of Business raises ₹110 crore

Terms in this story

• Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
• Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
• Series A: Series A is usually the first large round a startup raises from venture capital funds, after it has shown that people want what it sells.
• Venture debt: Venture debt is a loan made to a startup that already has venture capital backing, usually alongside or between equity rounds. It lets founders raise money without selling as many shares.