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

EntrackrEntrackr · 4d 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.

Harsha Bhogle backs cricket gaming startup Hitwicket

EntrackrEntrackr · 1y ago
Harsha Bhogle backs cricket gaming startup Hitwicket
Medial

Strategy-driven cricket gaming startup Hitwicket partners with cricket commentator Harsha Bhogle to enhance the cricket gaming experience of fans worldwide. Harsha Bhogle will play the role of a strategic investor and infuse his expert insights to craft cricket content with Hitwicket, merging his cricketing knowledge with the virtual world of mobile gaming. Founded in 2020 by Keerti Singh and Kashyap Reddy, Hitwicket is a cricket strategy gaming startup aiming to become a global cricket gaming brand from India. The Hyderabad-based startup had raised $3 million in its seed round from Prime Venture Partners in 2022. With over 5 million downloads globally, Hitwicket is a virtual world where every user plays the role of an owner, coach, and captain of a cricket team, ensuring enduring engagement. Harsha Bhogle’s involvement is expected to enhance Hitwicket’s global outreach to 50 million downloads within the next two years. The strategy-based cricket game is played in 109 countries around the world with the top four markets being India, the UK, USA, and Australia.

Ultrahuman raises $35 Mn in Series B round

EntrackrEntrackr · 1y ago
Ultrahuman raises $35 Mn in Series B round
Medial

Wearable tech startup Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round from Blume Ventures, Steadview Capital, Nexus Venture Partners, and Alpha Wave. The fresh investment also saw participation from Zomato’s founder and chief executive Deepinder Goyal. Post this, Ultrahuman has secured around a total of $60 million, including the $17.5 million Series A financing led by Alpha Wave in 2021. Entrackr had exclusively reported the fundraise then. Ultrahuman will use the fresh proceeds to build further manufacturing capacity and deeper research in health tracking, the company said in a press release. Started by Mohit Kumar and Vatsal Singhal, Ultrahuman is a self-quantification platform that provides smart ring called Ring Air, glucose monitoring wearable M1 Live, and blood testing product called Blood Vision, among others. For the uninitiated, Kumar and Singhal were also co-founders of Runnr, which later merged with Zomato in September 2017. According to Ultrahuman, it became the second-largest player in the smart ring market while maintaining profitability in the last 12 months. The company also grew rapidly and expanded into over 150 retail outlets worldwide, including locations like London’s Selfridges on Oxford Street, Changi airport in Singapore, and the Virgin megastore in Dubai. Ultrahuman registered a fourfold growth to Rs 30 crore in FY23 from Rs 7.38 crore in FY22. According to the startup data intelligence platform TheKredible, the firm witnessed a 20.3% increase in its losses to Rs 71 crore in the same period. As of Series A round, Nexus was the largest external stakeholder in Ultrahuman with 20.12% shares followed by Alpha Wave and Blume with 11.14% and 8.89% stakes, respectively. Its co-founders Mohit Kumar and Vatsal Sinhgal hold 38.27% of the company. Check TheKredible for more details. Globally, Ultrahuman competes with the likes of Levels Health, Super Sapiens and Oura.

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