Company Intelligence Profile
Pmmue Eduservices Private Limited
PMMUE Eduservices Private Limited is the legal/operating entity behind TETR (also styled "Tetr College of Business"), a venture-based global business-education program founded by Pratham Mittal in 2024.
Last updated 21 August 2026
Pmmue Eduservices Private Limited, incorporated in July 2023 and based in Haryana, is the operating entity behind TETR, also styled Tetr College of Business, a venture-based global business-education program. Students learn business by building real ventures across multiple countries. The active company raised $18 million in its first institutional funding round, announced in November 2025 and co-led by Owl Ventures and Bertelsmann India Investments.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | Pmmue Eduservices Private Limited |
|---|---|
| CIN | U85500HR2023PTC113774 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | Unlisted (Private Limited) |
| Incorporated | 31 July 2023 (originally incorporated as a One Person Company, CIN U85500HR2023OPC113774; converted to Private Limited, current CIN U85500HR2023PTC113774) |
| ROC | TheCompanyCheck lists RoC-Delhi |
| Sector (NIC) | Education services |
| Registered address | Plot No. 383, Udyog Vihar, Phase-III, Industrial Complex, Dundahera, Haryana – 122016 |
| Authorized capital | ₹12.5 lakh |
| Paid-up capital | ₹2.57–2.6 lakh |
Business Overview
- PMMUE Eduservices Private Limited is the legal/operating entity behind TETR (also styled "Tetr College of Business"), a venture-based global business-education program founded by Pratham Mittal in 2024
- Per Entrackr, Tetr runs a four-year undergraduate program in which students "learn business by building real ventures" across multiple countries (USA, Italy, Singapore, Brazil, UAE, India, Ghana), in partnership with academic institutions
- Tetr also runs a $10 million student-venture fund called "Tetr Under 20." Pratham Mittal is also associated with Masters' Union (a related education venture; a listed director's email domain is mastersunion.org), suggesting a shared founding team/ecosystem across these ed-tech entities
- Source: Entrackr, Falconebiz, Tofler
Directors
Confirmed (via Tofler + TheCompanyCheck, cross-checked):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Pratham Mittal | 08338216 | Director & Founder | 31 Jul 2023 |
| Chetan Verma | - | Director | 04 Nov 2023 |
Financials
Standalone, per Tofler:
- FY ending 31 March 2025: Operating revenue reported in the ₹10–25 crore band
- Debt-to-equity ratio: 0.14
- YoY changes flagged by Tofler: borrowings +2197.69%, assets +2894.31%, total revenue +2689864.13% (extreme percentage jumps consistent with the company being pre-revenue/near-zero in the prior base year — treat the percentages as directional only, not literal)
- Per Entrackr (citing FY24, i.e., the prior year): company was pre-revenue with a loss of ~Rs 70 lakh, driven mainly by marketing and employee expenses.
- Exact EBITDA, PAT, and net worth figures: not obtained
- No standalone-vs-consolidated distinction could be confirmed; treat as standalone/company-level filings.
Funding
Confirmed via Entrackr:
- Tetr College of Business (operated by this entity) raised $18 million (~Rs 154.33 crore) in its first institutional funding round, announced 12 November 2025.
- Co-led by Owl Ventures ($10 million) and Bertelsmann India Investments ($7.5 million).
- Post-money valuation: approximately $73 million (~Rs 644 crore).
- Use of funds: expansion to three new campuses (US, Europe, Dubai) and new academic programs.
Charges/Loans
No charges currently registered against the company's assets.
Competitors
Named peers in the alternative/global higher-education and venture-based learning space (rough scale tags, none independently verified against this company's exact scale):
- Masters' Union (India-based business school, founder-adjacent entity) — mid-scale, well-funded
- Ashoka University (large, established Indian liberal-arts/ business-adjacent university) — large, established
- Minerva University (global, venture-style undergraduate model) — large, established, international
- upGrad (large Indian ed-tech, degree + upskilling) — large, unicorn-scale
- Scaler / InterviewBit School of Technology (Indian venture-backed alternative-education model) — mid-scale, VC-funded
- 100X.VC-style venture-education programs — early-stage, niche
category inference from Entrackr's description of Tetr's positioning; not sourced from a dedicated competitor-analysis page.
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