Tetr College of Business, a first-of-its-kind global B-school redefining how business and entrepreneurship are taught, has raised USD 18 million in funding, co-led by Owl Ventures and Bertelsmann India Investments (BII). The investment is Tetr’s first institutional round and will accelerate the expansion of its experiential “Learn by Doing” model across multiple continents.
The new funding will enable Tetr to establish three new high-tech campuses in Europe, the United States and Dubai, and strengthen its ten-country operating network across Europe, North America, the Middle East, Asia and Africa. It will also accelerate the rollout of innovative management and entrepreneurship programs, including the newly launched Master in Management of Technology (MiM-Tech).
With the backing of two of the world’s most influential education investors, Tetr will tap into Owl Ventures’ global education portfolio which includes MasterClass, Newsela, Degreed, Labster, Relias, Alliant International University and Eruditus. It will also partner with Bertelsmann’s network of European universities and business schools to create new opportunities for collaboration, joint research, and exchange programs.
Founded in 2024 by tech entrepreneur Pratham Mittal, Tetr College of Business delivers a global undergraduate program built on its signature “Learn by Doing” model. Students launch ventures across multiple continents while studying at partner institutions such as Cornell University (USA), IIT (India) and NUS (Singapore). Tetr awards a recognised UK degree by Middlesex University via its collaboration with UBI Business School.
Building on the undergraduate program’s success, Tetr recently introduced a one-year Master in Management of Technology (MiM-Tech), designed to equip early-career professionals, aspiring founders, and family business owners with the skills to create, scale, and transform businesses, with a special emphasis on AI-led transformation. The program combines immersive residencies across multiple markets with mentorship from Tetr’s growing faculty and mentor network that includes Dr Zal Phiroz (Adjunct Professor, Harvard University), Kevyn Eva Norton (Ex-Microsoft), and Mr Nitin Gaur (Fintech Innovator).
Pratham Mittal, Founder, Tetr College, said, “Tetr was conceived as a truly global school for entrepreneurship, built as a lived experience across countries and markets. This round, backed by the world’s leading education investors, validates our model and demonstrates our strength in attracting premier global talent across students, practitioners and ecosystem partners. We now move into the next orbit of growth with high-tech campuses in the US, Europe and Dubai, and an expanded set of courses that will deepen the model and widen academic pathways for our students.”
Tarun Gangwar, Co-Founder and Chief Operating Officer, Tetr College, said, “This fundraise marks a major leap in Tetr’s global scale-up, allowing us to enhance student experience and operational excellence across our upcoming campuses in the US, Europe, and Dubai. Our focus will be on building robust processes for academic delivery, partnerships, career outcomes, and student services, ensuring every cohort experiences the same level of rigour and quality across all locations.”
Pankaj Makkar, Managing Director, Bertelsmann India Investments said, “As the world becomes multi-polar and disruptive innovations in AI reshape jobs and industries, the next generation of education models must evolve, becoming multicultural, adaptive, and focused on new-age skills that prepare truly global professionals. Tetr sits at the centre of that transformation, and we are excited to partner with Pratham and his Management team to build this global education platform from India.”
Tetr has seen rapid growth in its second year, with applications up more than 50 percent. The college expanded its intake to 200 students from 50 countries, while maintaining an acceptance rate of 2.6 percent and an average SAT score of 1490. Students have chosen Tetr over offers from King’s College London, University of Warwick, Northeastern University, UMass Boston, and Indiana University Bloomington, among others.
Its inaugural undergraduate cohort of 110 students launched 44 ventures in its first year, generating more than USD 324,000 in combined revenue, with several raising external investment. Standout ventures include Serve Club, a pickleball lifestyle brand founded by students from six countries that has expanded into India, Singapore and Malaysia; and BikeArena, launched by Singaporean student Chng Jiabao, which became Tetr’s highest-grossing student venture, reaching USD 1 million in revenue within its first year.
Most recently, Tetr students across Singapore and Malaysia went live with their prototypes on Kickstarter, collectively raising USD 60,000 in just thirty minutes, an achievement that underscores the real-world traction of its “Learn by Doing” approach.
