Tetr College raises $18 million co-led by Owl Ventures and Bertelsmann India Investments

Tetr College has raised $18 million in a round co-led by Owl Ventures and Bertelsmann India Investments, at a time when demand for global, multi-campus business programs is rising in India.

The company said the capital will be used to set up new campuses in the United States, Europe and Dubai, and to expand its presence across its ten-country operating network in North America, Europe, the Middle East, Asia and Africa.

“They will also be used to broaden Tetr’s academic offerings with new programs in management and entrepreneurship, including the recently launched Masters in Management and Technology, MiM-Tech,” the firm’s founder Pratham Mittal told Moneycontrol.

Sources told Moneycontrol that the deal was valued at around $78 million.

Tetr said it will tap into the wider network of Bertelsmann’s university partners and Owl Ventures’ education portfolio, which includes MasterClass, Newsela, Degreed, Labster, Relias, Alliant International University and Eruditus.

Founded in 2024 by Pratham Mittal, Tetr College runs an undergraduate program based on a “Learn by Doing” model, where students work on ventures across multiple countries. Students rotate across universities such as IIT in India, NUS in Singapore and Cornell in the US. Its faculty pool includes professors from institutions like Harvard, Stanford, MIT and Cornell, along with senior industry leaders.

Tetr said students in its first undergraduate cohort launched 44 ventures in their first year, generating a combined revenue of USD 324,000, with several securing external investment.

Tetr’s $18 million round comes amid a broader upcycle in Indian ed-tech, exemplified by PhysicsWallah’s IPO, which signals renewed investor appetite for education companies. PhysicsWallah has filed for a Rs 3,480 crore IPO to fund an aggressive offline and hybrid expansion.

“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,” Pankaj Makkar, Managing Director, Bertelsmann India Investments said.