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Fintech startup Mysa $2.8 Mn led by Blume Ventures

Entrackr · 10d

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.