The funding round was co-led by Blume Ventures and Piper Serica, with participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, Antler, IIMA Ventures, and Neon Fund
The Bengaluru-based startup plans to deploy the capital to strengthen its AI capabilities and banking product offerings
Founded by Arpita Kapoor and Mohit Rangaraju, Mysa is a fintech SaaS startup that offers finance automation, SaaS solutions, and financial services tailored for mid-sized enterprises
B2B fintech startup Mysa
has raised $3.4 Mn (around INR 31.2 Cr ) in its pre-Series A funding round co-led by Blume Ventures and Piper Serica, with participation from Ikemori Ventures, Dhan parent Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund.
The Bengaluru-based startup plans to deploy the capital to strengthen its AI capabilities and banking product offerings, including AI-enabled procurement, UPI-driven expense management, and a corporate credit card offering.
Additionally, the startup plans to expand bank partnerships and scale distribution to enable businesses to access capital more efficiently.
“We’re building an AI-driven automation platform that plugs seamlessly into legacy ERPs and banks, enabling teams to scale without adding operational risk—at zero upfront cost and with no migration required,” said Mysa cofounder and CEO Arpita Kapoor.
Founded in 2023 by Kapoor and Mohit Rangaraju, Mysa is a fintech SaaS startup that offers finance automation, SaaS solutions, and financial services tailored for mid-sized enterprises. The platform uses AI-driven invoice processing, automated accounting and tax workflows, and integrated payment capabilities through partner bank accounts to serve new-age companies.
Until last year, it was working in a closed beta version with select businesses. In February 2025, Mysa raised $2.8 Mn in seed funding. Currently, the startup claims to have customers across sectors like quick commerce, manufacturing, hospitality, fintechs, and real estate companies. It counts the likes of Dhan, Wint Wealth, Swish, DrinkPrime, Vaaree, Handpickd, Guru & Jana, Accel Data, Atomicwork, DPDZero, and Material Depot among its clients.
Mysa has partnered with more than 15 banks, including Axis Bank, YES Bank, IDFC First Bank, ICICI Bank and HDFC Bank.
The funding comes at a time when the fintech sector continues to attract capital from investors. According to Inc42’s Annual Funding Report 2025, Indian fintech startups raised roughly $2.5 Bn across 120 deals last year, with the sector maintaining the top spot in terms of funding.
The overall fintech landscape is evolving along with technology and consumer trends. Last year, at the Global Fintech Summit, several fintech giants rolled out new features including UPI circle, payment aggregator and payment gateway (PAPG) online brand, soundbox, and much more.
NPCI also unveiled several features including IoT payments via UPI, UPI Reverse Pay, UPI HELP, and more. The payments body is also piloting agentic AI-based payments with UPI.
