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B2B fintech startup Mysa bags $3.4 Mn co-led by Blume Ventures and Piper Serica

EntrackrEntrackr · 3d ago
B2B fintech startup Mysa bags $3.4 Mn co-led by Blume Ventures and Piper Serica
Medial

B2B fintech startup Mysa bags $3.4 Mn co-led by Blume Ventures and Piper Serica Business-to-business fintech startup Mysa has raised $3.4 million in a funding round co-led by Blume Ventures and Piper Serica, with participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund. The Bengaluru-based startup had previously raised $2.8 million in a seed funding round from Blume Ventures and others in February 2025. The proceeds will be used to expand its automation capabilities and launch additional banking products, including procurement tools, expense management linked to the Unified Payments Interface, and a corporate credit card, Mysa said in a press release. Co-founded in 2023 by Arpita Kapoor and Mohit Rangaraju, Mysa is a fintech startup that provides an AI-powered unified platform for business banking, expense management, and accounting automation. It helps mid-sized Indian businesses with revenue between Rs 10 crore and Rs 300 crore streamline accounts payable, vendor payments, and reconciliations. According to Mysa, its services include accounts payable automation, invoice management, expense tracking, and integrated banking through partner banks such as Yes Bank. The platform features Smart Scan for automated bill processing, expense categorisation, and real-time reconciliation. The company aims to simplify financial operations for founders and finance teams by offering a comprehensive alternative to using multiple disconnected tools. It serves customers across sectors such as quick commerce, manufacturing, hospitality, fintech, and real estate, including companies such as Dhan, Wint Wealth, Swish, DrinkPrime, and Material Depot. Mysa claims it currently processes over Rs 1,500 crore in annualised transaction volumes and facilitates payments to more than 40,000 bank accounts. It has integrations with over 15 banks, including Axis Bank, Yes Bank, IDFC First Bank, ICICI Bank, and HDFC Bank.

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Rupeeflo raises $1 Mn from Piper Serica

EntrackrEntrackr · 11m ago
Rupeeflo raises $1 Mn from Piper Serica
Medial

Rupeeflo raises $1 Mn from Piper Serica Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. Fintech veterans including Ravi Shankar (co-founder of Active AI), Kishore Natarajan, and Kedar Kulkarni (co-founder of Hyperverge) also participated in the maiden round. Rupeeflo will use the funding to roll out a full-stack NRI investment platform, introduce instant UPI access, and expand its global presence. Founded in 2024 by Dharmendra Maurya, Ashish Jha, and Manav Bharambe, Rupeeflo streamlines banking and investing for NRIs in India. Starting with the U.S. and U.K., it aims to expand across global NRI hubs. With Rupeeflo, NRIs can now digitally apply for an NRE/NRO account in less than 10 minutes and have easy and paperless access to stock markets, mutual funds, and index funds without regulatory headaches. “We see this as one of the biggest untapped opportunities in fintech. In the USA alone, NRIs have over $300 billion in low-yield savings overseas because investing in India has been too complex. We are fixing the problem so that they can participate in India's future instead of just watching from the sidelines,” said Ashish Jha. Piper Serica is an asset manager investing in India’s public and private markets. It manages a SEBI-registered PMS, advises a Mauritius-based offshore fund, and runs the Piper Serica Angel Fund for early-stage startups, overseeing over Rs 1,000 crore in assets.

Fintech startup Mysa $2.8 Mn led by Blume Ventures

EntrackrEntrackr · 11m ago
Fintech startup Mysa $2.8 Mn led by Blume Ventures
Medial

Mysa, a unified finance and banking platform for mid-size businesses, has raised $2.8 million in a seed round led by Blume Ventures. The round saw participation from Emphasis Ventures (EMVC), Antler, Neon Fund, and CIIIE, along with notable founders as angels, including Sriharsha Majety (Swiggy), Mohit Kumar (Ultrahuman), Naiyaa Saagi (MyGlamm), Nitin Gupta (Uni), and Nishith Rastogi (Locus). The proceeds will be used to build the core platform capabilities, expand the team, and accelerate customer growth. Co-founded by Arpita Kapoor and Mohit Rangaraju, Mysa empowers companies to streamline operations, enhance control, and make informed financial decisions. The platform connects every part of the financial workflow - from bill collection to tax compliance, payment execution, and ERP syncs into a single, seamless system. Mysa claims to have onboarded companies across sectors including DPDZero, Kouzina, Guru & Jana, Swish, and Rigi. The firm is partnering with Yes Bank to provide integrated current account operations, targeting businesses with annual revenues/spends between Rs 10-300 crore. Mysa Smart Scan automatically generates contextual narratives for bills, predicts due dates, and categorizes expenses. This intelligence extends to invoice collection via bots and intelligent payment routing, while the mobile app ensures banking accessibility on-the-go.

Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart

EntrackrEntrackr · 5m ago
Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart
Medial

Snippets Xovian Aerospace raises $2.5 Mn led by Piper Serica and TurboStart Spacetech startup Xovian Aerospace has raised $2.5 million in a pre-seed funding round led by Piper Serica and TurboStart, with participation from Inflection Point Ventures (IPV) and Eaglewings Ventures. The proceeds will be used to support the development of AI-native radio frequency (RF) satellite infrastructure and enable space trials planned by year-end. Xovian is building a constellation of RF nanosatellites that offer real-time signal intelligence by capturing and decoding dynamic signals unlike traditional satellites that rely solely on optical data. Its platform serves industries such as maritime, aviation, defence, oil & gas, and weather forecasting by providing continuous RF data fused with AI-powered decision intelligence. With pilot discussions underway in Southeast Asia and the Middle East, Xovian’s vertically integrated model offers low-latency, high-fidelity insights, claiming to generate up to six times more data value per dollar than conventional systems. According to data from intelligence platform TheKredible, more than a dozen spacetech startups have collectively raised around $21 million in 2025. The list includes names like OrbitAid, InspeCity, and Sisir Radar, among others.

Blume Ventures leads $3.4 Mn round in Zoplar

EntrackrEntrackr · 1y ago
Blume Ventures leads $3.4 Mn round in Zoplar
Medial

Blume Ventures leads $3.4 Mn round in Zoplar In total, Bengaluru-based Zoplar has raised $5.1 million in funding, with contributions from Titan Capital, Stride Ventures, and Panthera Peak. Zoplar, a platform dedicated to enhancing the medical equipment procurement process for small and medium-sized hospitals, has raised $3.4 million in a Series A funding round led by Blume Ventures. The round also saw participation from Beenext, Saison Capital, Atrium Angels, Finfirst, and LogX. In total, the company has raised $5.1 million in funding, with contributions from Titan Capital, Stride Ventures, and Panthera Peak. The proceeds will be utilized to strengthen its operational capabilities by focusing on backward integration in the supply chain and developing a robust service engineering team, Zoplar said in a press release. Co-founded in 2022 by Amit Sah and Umesh Sharma, Zoplar crafts a full-stack medical equipment platform and addresses significant pain points MSME hospitals face, including the complexities of identifying price-optimal products, managing multiple vendor relationships, ensuring high-quality after-sales service, and accessing financing solutions. Since its inception, Zoplar claims that it has gained significant momentum in the market, partnering with approximately 300 hospitals, including prominent nephrology chains such as DCDC. The Gurugram-based company boasts a 40% rate of repeat customers, underscoring the demand for quality medical equipment in the sector.

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