- Mysa raises $2.8 million led by Blume Ventures to expand its fintech solutions and customer base.
- The company launched an AI finance platform and secured a SEBI RIA license.
B2B fintech startup Mysa has successfully raised $2.8 million (approximately INR 24 crore) in its seed funding round. The round was led by Blume Ventures, with participation from several investors, including Emphasis Ventures (EMVC), Antler, and Neon Fund, among others. This funding will help Mysa expand its financial technology solutions and accelerate growth.
The Bengaluru-based startup plans to use the new capital to enhance platform capabilities, drive customer growth, and focus on talent acquisition to strengthen its operations and expand its market presence.
In addition, the fintech company has launched its unified finance and banking platform designed to develop an AI-enabled management product. This product aims to help businesses efficiently manage their cash flow and optimize financial operations, enhancing overall business efficiency and decision-making.
Mysa cofounder and CEO, Arpita Kapoor, stated that as part of the company's ambitious roadmap, Mysa had successfully obtained a Registered Investment Advisor (RIA) license from the Securities and Exchange Board of India (SEBI), marking a key milestone in their growth strategy.
