Mesa School of Business has raised Rs 34 crore from Elevation Capital in a funding round which also saw the participation of angel investors such as Kunal Shah (Cred), Vidit Aatrey (Meesho), Abhiraj Bahl (Urban Company).

The company aims to utilise these funds to build an application-based curriculum, designed and delivered in partnership with startup leaders and potential future employers for a founding cohort of 60 students.

The company is also trying to design a unique learning system with a heavy focus on learning-by-doing, industry exposure and 1:1 industry mentorship, which will be a 12-month, full-time PG program in Startup Leadership in Bengaluru, where more than 500 startups are located within a radius of five kilometres.

Talking about the investment, the founding team of Mesa School of Business said, “We have kept ‘learning by doing’ as the core principle of the program where every candidate will get to learn business directly from startup CXOs and practitioners, build startup businesses from scratch as part of coursework and deeply immerse themselves into Bangalore’s startup ecosystem.”

Commenting on the investment, Mukul Arora, Managing Partner, Elevation Capital, said, “We believe there is a clear opportunity to build new age, outcome-focused higher-ed institutes in India. We are thrilled to partner with them on this journey to create an iconic Indian higher-ed institution.”