Mysa Secures ₹28 Crore to Revolutionize Mid-Market Finance with AI

Bengaluru : In a significant boost for India’s B2B fintech landscape, Bengaluru-based startup Mysa has raised ₹28 crore in its latest funding round. The investment was co-led by Blume Ventures and Piper Serica, with participation from new backers including Ikemori Ventures, Raise Financial Services, and QED Innovation Labs. Existing investors Antler, IIMA Ventures, and Neon Fund also doubled down on their support.

With this infusion, Mysa’s total capital raised stands at approximately ₹56 crore. Founded by Arpita Kapoor, the platform targets the often-underserved "mid-market" segment, providing a unified financial operating system that integrates seamlessly with existing ERPs and banking infrastructures.

Scaling AI and Embedded Finance
CEO Arpita Kapoor highlighted that the fresh capital will be channeled into enhancing AI-driven capabilities. Key focus areas include:

• AI Procurement: Automating vendor selection and cost optimization.
• Banking Expansion: Launching UPI-based expense management and corporate credit cards.
• Embedded Finance: Leveraging its vast vendor network to provide businesses with easier access to working capital.

Rapid Growth Trajectory
In less than a year since its public debut, Mysa has achieved a staggering ₹1,500 crore annualized transaction volume. The platform has enabled payments across 40,000+ bank accounts and integrated with 15+ major banks, including Axis, ICICI, and HDFC.

Mysa’s client base spans high-growth sectors like Quick Commerce, Manufacturing, and Fintech, counting brands like Dhan, Swish, and Vint Wealth among its users. By eliminating manual errors, tax leakages, and fraud, Mysa is positioning itself as a category-defining player for the million-plus mid-sized Indian firms expected to modernize their financial stacks over the next five years.