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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.

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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.

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures

EntrackrEntrackr · 9m ago
Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures
Medial

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact. Shashank Pathak 05 May 2025 11:12 IST Follow Us New Update Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact, Supermorpheus, and returning investor Cocoon Capital have also participated. The total funding raised by the Bengaluru-based startup now stands at $4.02 million. The proceeds will be used to scale up manufacturing and expand its team. Founded in 2019 by Animesh Kumar Jha, Volt14 focuses on developing silicon-based anode materials for lithium-ion batteries. It has also developed an in-house cylindrical battery cell format demonstrating energy density enabled by its silicon anode. Volt14 claims that its technology increases silicon content in anodes while maintaining performance levels and is currently being evaluated by multiple battery cell manufacturers. According to market research, the lithium-ion battery sector is projected to exceed $300 billion by 2034, driven by electric vehicle adoption and energy storage expansion. Blume Ventures, the lead investor in this round, is also one of the early backers of Battery Smart, which is the most funded startup in the space.

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