Mysa, a next-generation finance and banking platform for mid-sized businesses, has raised $2.8 million in a seed funding round led by Blume Ventures. The round also saw participation from Emphasis Ventures (EMVC), Antler, Neon Fund, and CIIIE, alongside angel investors like Sriharsha Majety (Swiggy), Mohit Kumar (Ultrahuman), Naiyaa Saagi (MyGlamm), Nitin Gupta (Uni), and Nishith Rastogi (Locus).
The capital infusion will allow Mysa to:
- Enhance its platform capabilities to offer more seamless financial solutions.
- Expand its team to support growing customer demand.
- Accelerate user acquisition by reaching more mid-sized businesses.
Founded by Arpita Kapoor and Mohit Rangaraju, Mysa integrates financial operations into a unified system, helping businesses streamline processes, improve control, and make data-driven financial decisions. The platform simplifies complex workflows by combining:
- Bill collection and invoice management
- Tax compliance automation
- Payment execution
- Seamless ERP integrations
Mysa is already powering businesses across industries, with clients like DPDZero, Kouzina, Guru & Jana, Swish, and Rigi. The company has also teamed up with Yes Bank to offer integrated current account solutions for businesses with annual revenues ranging from ₹10-300 crore.
Mysa’s Smart Scan technology adds an intelligence layer to financial operations by:
- Generating contextual bill narratives
- Predicting due dates and categorizing expenses
- Automating invoice collection with AI-powered bots
- Ensuring seamless payment routing
With a mobile-friendly interface, Mysa enables businesses to manage banking operations on the go, reinforcing its commitment to simplified and efficient financial management.
With fresh funding and a strong investor backing, Mysa is well-positioned to become a leading fintech solution for mid-sized enterprises. As it continues to innovate, the company is set to transform how businesses manage cash flow, optimize financial operations, and stay compliant in an increasingly digital world.
