MBG Card Secures INR 2.72 Crore in Funding

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.

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.

The funding will be used to enhance marketing, accelerate product development, and expand the team.

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