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Indian finance platform Mysa secures $2.8m seed funding

Finance and banking platform Mysa has launched with US$2.8 million in seed funding from a round led by Blume Ventures.

Other contributors include Emphasis Ventures (EMVC), Antler, Neon Fund, CIIE, and angel investors such as Sriharsha Majety and Nishith Rastogi.

Mysa targets businesses with annual revenues or expenditures between 10-300 crore rupees (US$11.5 million – US$345 million).

The founding team consists of Arpita Kapoor and Mohit Rangaraju, both previously associated with Mech Mocha, a startup acquired by Flipkart.

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