Mysa, a B2B fintech SaaS startup focused on finance automation for mid-sized enterprises, has raised $3.4 million (around ₹31.2 crore) in a pre-Series A funding round.
The round was co-led by Blume Ventures and Piper Serica, with participation from Ikemori Ventures, Raise Financial Services (parent company of Dhan), QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund.
The fresh capital will be used to strengthen Mysa’s AI-driven capabilities and expand its banking and finance product suite.
The startup plans to invest in offerings such as AI-enabled procurement, UPI-based expense management, and a corporate credit card, while also deepening partnerships with banks and scaling distribution.
Founded in 2023 by Arpita Kapoor and Mohit Rangaraju, Mysa is building an AI-led finance automation platform designed for mid-sized businesses.
Kapoor, who serves as CEO, said, “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.”
The Bengaluru-based startup provides tools for automated invoice processing, accounting and tax workflows, and integrated payments through partner bank accounts. It targets new-age private limited companies with annual revenues or expenses ranging from ₹10 crore to ₹300 crore.
Mysa was previously operating in closed beta and raised $2.8 million in seed funding in February 2025. Since then, it has onboarded customers across sectors including quick commerce, manufacturing, hospitality, fintech, and real estate.
Its client list includes Dhan, Wint Wealth, Swish, DrinkPrime, Vaaree, Handpickd, Guru & Jana, Accel Data, Atomicwork, DPDZero, and Material Depot.
The startup has partnered with over 15 banks, including Axis Bank, YES Bank, IDFC First Bank, ICICI Bank, and HDFC Bank, enabling businesses to manage payments and banking operations from a single platform.
