Tetr College Floats Fund To Back Student Entrepreneurs
by Krithika K L · Inc42SUMMARY
- Tetr College of Business has initiated a $10 million 'Tetr - Under 20' fund to invest in student entrepreneurs focusing on sectors such as AI and sustainability, targeting ideas from individuals under 20.
- The fund, led by industry veterans, aims to support at least 20 startups with initial investments ranging from $10,000 to $100,000.
- This effort aligns with Tetr’s broader educational initiatives, including a global undergraduate program and a significant scholarship fund, to nurture young entrepreneurial talent worldwide.
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Global business school Tetr College of Business has floated a $10 Mn (around INR 84 Cr) fund to back student entrepreneurs.
The fund, ‘Tetr – Under 20’ will invest in at least 20 ideas with a sector agnostic approach, which will include sectors like artificial intelligence, emerging technologies, sustainability, D2C, healthcare and others, it said in a statement.
It further added that the initial cheque size will range from $10,000 to $100,000.
Pratham Mittal, founder of Tetr College of Business, told Inc42, “We’re looking for young minds who see these as tools to reshape industries and create meaningful impact.The next decade belongs to those who can harness AI, emerging technologies, and sustainability to solve our world’s most pressing challenges.”
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The fund will be led by industry veterans and academics, including Manoj Kohli, former SoftBank India Head, Viney Sawhney, Professor at Harvard University, and Mittal.
“Traditionally, VCs look for established businesses and teams with proven track records. For young entrepreneurs, however, we only look for passion, willingness to learn and adapt, and the ability to build and test their ideas with real users,” Mittal added.
Tetr College of Business, founded by Mittal, offers a four-year undergraduate program where students study across seven countries: USA, Italy, Singapore, Brazil, UAE, India
This initiative follows Tetr’s recent launch of its global undergraduate program with 120 students from 45 countries.
(The story will be updated soon)