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Mysa Secures $2.8 Million in Seed Funding Led by Blume Ventures to Enhance Financial Platform for Mid-Size Businesses

Mysa

Mysa, a fintech platform catering to mid-size businesses, has raised $2.8 million in a seed funding round led by Blume Ventures. The investment will be used to bolster the platform’s core features, expand its workforce, and accelerate customer growth.

The funding round saw participation from Emphasis Ventures (EMVC), Antler, Neon Fund, and CIIIE, along with prominent angel investors, including Swiggy’s Sriharsha Majety, Ultrahuman’s Mohit Kumar, MyGlamm’s Naiyaa Saagi, Uni’s Nitin Gupta, and Locus’ Nishith Rastogi.

Founded by Arpita Kapoor and Mohit Rangaraju, Mysa provides businesses with an integrated financial management solution, streamlining processes such as bill collection, tax compliance, payment execution, and ERP synchronization. The platform has already onboarded businesses like DPDZero, Kouzina, Guru & Jana, Swish, and Rigi.

In partnership with Yes Bank, Mysa offers integrated current account operations, catering to businesses with annual revenues or expenditures ranging between ₹10-300 crore. One of its standout features, Mysa Smart Scan, automates financial workflows by analyzing bills, predicting due dates, and categorizing expenses. Additionally, it streamlines invoice collection using automated bots and ensures efficient payment routing.

With this fresh capital, Mysa aims to reinforce its market position, enhance its financial workflow automation capabilities, and broaden its reach within the business sector.

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