Bengaluru, January 2026: Mysa, a business-to-business fintech startup focused on automating finance operations for mid-sized enterprises, has raised $3.4 million in a fresh funding round co-led by Blume Ventures and Piper Serica.
The round also saw participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund. Earlier, in February 2025, the Bengaluru-based startup had raised $2.8 million in seed funding, led by Blume Ventures.
Fueling Product Expansion and Automation
Mysa plans to deploy the newly raised capital to enhance its automation capabilities and roll out additional banking and finance products. These include procurement tools, expense management solutions linked to the Unified Payments Interface (UPI), and the launch of a corporate credit card designed specifically for mid-sized businesses.
Founded in 2023 by Arpita Kapoor and Mohit Rangaraju, Mysa offers an AI-powered unified platform that combines business banking, expense management, and accounting automation into a single interface. The platform is built to help Indian companies with annual revenues ranging from ₹10 crore to ₹300 crore streamline complex financial workflows.
Simplifying Finance Operations for Growing Businesses
Mysa’s platform enables automation across accounts payable, vendor payments, invoice processing, and reconciliations, reducing dependence on multiple disconnected tools. Its services include accounts payable automation, invoice management, expense tracking, and integrated banking services through partner institutions such as Yes Bank.
Key features include Smart Scan, which automates bill processing, intelligent expense categorisation, and real-time reconciliation, allowing finance teams to maintain better control and visibility over cash flows.
The company positions itself as a comprehensive operating layer for finance teams, helping founders and CFOs save time while improving accuracy and compliance.
Strong Traction Across Multiple Sectors
Mysa currently serves customers across sectors such as quick commerce, manufacturing, hospitality, fintech, and real estate. Its client roster includes companies like Dhan, Wint Wealth, Swish, DrinkPrime, and Material Depot.
According to the company, the platform processes over ₹1,500 crore in annualised transaction volumes and facilitates payments to more than 40,000 bank accounts. Mysa is also integrated with 15+ banks, including Axis Bank, Yes Bank, IDFC First Bank, ICICI Bank, and HDFC Bank, enabling seamless banking and payment operations.
Riding India’s B2B Fintech Momentum
As Indian businesses increasingly adopt automation to manage growing financial complexity, Mysa is positioning itself as a key player in the B2B fintech and enterprise finance automation space. With fresh capital and expanding product offerings, the startup aims to deepen its presence among mid-market companies seeking scalable, tech-driven financial infrastructure.
Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape.