Tetr College of Business, a global business school, has raised approximately Rs 154 crore (around $17.5–18 million) in its first institutional funding round. The investment was co‑led by Owl Ventures and Bertelsmann India Investments.
The parent company, Pmmue Eduservices Private Limited, issued 3,130 Series A compulsory‑convertible preference shares and 20 equity shares at about Rs 4.89 lakh each to raise the total amount. Owl Ventures contributed roughly Rs 88 crore, while Bertelsmann India Investments invested around Rs 66 crore. Following this round, Tetr’s post‑money valuation is estimated at approximately Rs 644 crore.
Founded in 2024 by Pratham Mittal, Tetr College of Business operates a venture-based education model. Undergraduate students build real ventures across multiple countries, including the USA, Italy, Singapore, Brazil, UAE, India, and Ghana.
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The fresh capital will support several initiatives: establishing three new international campuses in the US, Europe, and Dubai; expanding operations across ten countries spanning North America, Europe, the Middle East, Asia, and Africa; and broadening academic offerings in management and entrepreneurship.
Although still in a pre‑revenue stage in FY24, Tetr reported a net loss of around Rs 70 lakh, mainly due to marketing and staffing expenses. The funding round is expected to accelerate its global expansion and reinforce its position as a venture-driven business education platform.
