Masters’ Union ventures raise over ₹100 cr, delivers ARR of ₹70 cr
More than 50 ventures across six cohorts have raised institutional capital since the Gurugram-based institution started its first cohort in 2020
Masters' Union, a Gurugram-based business school, has seen its student and alumni ventures raise over ₹100 crore in institutional venture capital over the past five years. The portfolio of ventures reported a combined annual recurring revenue of more than ₹70 crore, according to the institution's entrepreneurship report and internal records.
Since the school began its first cohort in 2020, over 50 ventures across six cohorts have raised institutional capital, with two ventures achieving exits and five student-led startups appearing on Shark Tank India.
Entrepreneurship has become a more prominent career choice among students, with 22% of the 2026 cohort opting for entrepreneurship over placements, compared to just 7% of the 2021 cohort. One standout venture, Eight Network, founded by first-cohort student Yugal Tamang, raised ₹27 crore and reported an impressive 5 million downloads, 50 lakh users, 80,000 paying subscribers, and an ARR of ₹13 crore.
Tamang later exited the audio-focused company this year. Other successful ventures include SeedAI, an enterprise AI platform acquired by Girnar Finserv in November 2025, and Sanyark Space, developing a satellite constellation aimed at precision navigation and IoT communications.
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