MBG Card Secures INR 2.72 Crore in Funding
MBG Card, an India-based SaaS company that provides a digital solutions for SMEs, has secured INR 2.72 crore in funding.
MBG Card, an India-based SaaS company that provides a digital solutions for SMEs, has secured INR 2.72 crore in funding.
Investors
The round was led by Inflection Point Ventures (IPV), with additional backing from Velocity Revenue-Based Financing and Klub Revenue-Based Financing.
Founded in 2018, IPV is an early-stage angel investing platform that offers financial and non-financial support. With over 14,000 angel investors, IPV operates across India and globally and has invested in over 250 startups across sectors such as healthcare, AI, education, and logistics, ensuring a broad and unrestricted investment approach.
MBG Card Use of Funds
The funding will be used to enhance marketing, accelerate product development, and expand the team.
About MBG Card
Founded by Abhinavv Dubeyy, MBG Card provides a digital solutions platform designed to help small and medium enterprises (SMEs) navigate the digital landscape. It enables non-tech-savvy businesses to establish an online presence, manage customer reviews, and automate marketing and operations. The platform serves over 10,000 businesses across India and globally.
Funding Details
Company: MBG Card India Pvt Ltd.
Raised: INR 2.72 Cr
Round: Unknown
Funding Month: December 2024
Lead Investors: Inflection Point Ventures (IPV)
Additional Investors: Velocity, Klub
Company Website: https://mbgcard.in/
Software Category: Digital Solutions
