Tetr College, the first-of-its-kind global business school, has raised $18m in a funding round co-led by Owl Ventures and Bertelsmann India Investments (BII). The new capital will support the development of three international campuses in the United States, Europe and Dubai, while strengthening the school’s ten-country operating network across North America, Europe, the Middle East, Asia and Africa. Tetr will also expand its academic portfolio with new programmes in management and entrepreneurship, including the recently launched Masters in Management and Technology (MiM-Tech). With support from Owl Ventures and Bertelsmann, the institution plans to leverage a global ecosystem of education innovators — including MasterClass, Newsela, Degreed, Labster, Relias, Alliant International University and Eruditus — to extend its global reach.
Established in 2024 by Pratham Mittal, Tetr College delivers a global undergraduate programme built around its ‘Learn by Doing’ model, where students launch ventures across multiple continents and study at institutions such as IIT (India), NUS (Singapore) and Cornell (USA). The faculty includes professors from Harvard, Stanford, MIT and Cornell, alongside senior industry leaders from organisations such as NASA and SoftBank India. Building on its undergraduate success, Tetr has also introduced a one-year Master in Management (MiM) programme aimed at early-career professionals, aspiring founders, successors of family-owned businesses, and international students seeking practical, venture-oriented learning.
Pratham Mittal, founder of 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 of Tetr College, added, “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 recorded strong growth in its second year, with applications increasing by more than 50 per cent. Responding to rising demand, the college expanded its intake to 200 students from 50 nationalities, while maintaining an acceptance rate of around 2.6 per cent and an average SAT score of roughly 1490. Many students chose Tetr over offers from institutions such as King’s College London, University of Warwick, Northeastern University, UMass Boston, Indiana University Bloomington and the University of Washington. Meanwhile, its inaugural cohort of 110 students launched 44 ventures in their first year, collectively generating more than $324,000 in revenue, with several securing external investment.


