VC Fund Investments

Banking platform for mid-size cos. Mysa raises $2.8 M led by Blume Ventures

Yourstory  

Bengaluru-based B2B (business-to-business) fintech startup Mysa has raised USD 2.8 million (around INR 24 crore) in a seed funding round led by Blume Ventures. The round also saw participation from Emphasis Ventures (EMVC), Antler, Neon Fund and CIIIE, as well as angel investors, including Sriharsha Majety (Swiggy), Mohit Kumar (Ultrahuman), Naiyaa Saagi (MyGlamm), Nitin Gupta (Uni), and Nishith Rastogi (Locus). The fresh funds will be used to enhance the platform's capabilities, grow the team, and drive expansion.Founded in 2023 by Arpita Kapoor and Mohit Rangaraju, Mysa is a unified finance and banking platform for mid-size businesses that automates bill payments, smart banking, AI-driven accounting, expense management, and treasury services. The firm’s solutions streamline accounts payable, manage cash flow, and ensure compliance, enabling businesses to focus on growth. Mysa has on-boarded companies across sectors including DPDZero, Kouzina, Guru & Jana, Swish and Rigi.

In Sep 2023, Mysa had raised about USD 2.67 M from Antler India, and Blume Ventures.

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