Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Industry News

| More

MBG Card Raises ?2.72 Crore Led by IPV to Empower Digital Transformation for SMEs

Posted On: 2024-12-19 17:31:26 (Time Zone: IST)


MBG Card, a leading SaaS company providing digital transformation solutions for businesses, has successfully raised ?2.72 Crore in by Inflection Point Ventures. The round saw participation from Velocity Revenue Based Financing and Klub Revenue Based Financing. This funding will be used to enhance marketing efforts, product development, and team building.

MBG Card is a SaaS company focused on providing affordable and comprehensive digital transformation solutions for SMEs. The platform enables non-tech-savvy businesses to easily build an online presence, manage review ratings, and automate marketing and operations, all at a fraction of the cost of traditional solutions. With a mission to empower businesses to thrive in the digital space, MBG Card streamlines processes, enhances customer engagement, and drives growth through accessible and efficient tools.

Founded by Abhinavv Dubeyy, an experienced entrepreneur with over 15 years in tech startups, MBG Card has been delivering affordable digital transformation solutions, helping SMEs create an online presence, manage reviews, and automate marketing and chat operations. At just 1/10th the price of traditional solutions, MBG Card caters to businesses that are not tech-savvy, making digital tools accessible to all.

Mitesh Shah, Co-Founder, Inflection Point Ventures, says "SMEs often enjoy the loyalty of regular local customers, however it is limited to that locality. It is a challenge to establish a presence beyond that. MBG card addresses this gap by bringing the businesses online, transforming them into a brand, and providing tools to help them grow. IPV has confidence in MGB's expertise to empower businesses in today's competitive landscape".

Based in Jabalpur, Madhya Pradesh, MBG Card serves over 10,000 clients across India and internationally. The company continues to grow at a rapid pace, onboarding thousands of new clients each month, and expanding its presence globally. With a dedicated team of 70+ employees, MBG Card aims to maintain its threefold annual growth trajectory.

MBG Card offers a comprehensive, one-stop digital transformation solution tailored for non-tech-savvy businesses. With its affordable pricing, just 1/10th of traditional alternatives, MBG Card simplifies the process of creating an online presence, managing review ratings, marketing, and automating customer chat functions.

Abhinavv Dubeyy, Founder & CEO, says, "Our experience with IPV shaped the vision for MBG Card. Our goal is to help SMEs embrace the digital world, drive marketing and sales, and streamline operations to foster growth and customer engagement." (to be changed)

The global digital transformation market is expected to reach $1.5 trillion by 2025, with India's SaaS market growing at a rapid pace due to increasing adoption by SMEs. With over 63 million SMEs in India, there is a huge demand for affordable digital solutions like MBG Card.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Amansa Investment invests Rs 40 crore private placement in IPO bound Standard Glass Lining Technology

pi Ventures Leads $2 Million Seed Round in Quanfluence to Advance Quantum Photonics Technology

GreenLine expands green logistics footprint with Exide Industries partnership

HSBC India launches its most prestigious credit card for its Global Private Banking clients

Reliance General Insurance Introduces Comprehensive Coverage with Annual Multi-Trip Rider for Global Travelers

Premium Lingerie Brand MHYTH Raises Angel Funding, achieves Over $1M Valuation Within a month of launch

FinX Raises $6M from Elevar Equity to revolutionise employability in the BFSI Industry

Navanc raises $1M seed funding to revolutionize Secured Lending with AI-Powered Property Score

Shubham Housing Development Finance raises Series F investment of INR 1,000 Crores+ led by Multiples Private Equity

IndiaFirst Life Launches 18 New Agency Branches in Less Than Three Months

Semicon startup Netrasemi raises Rs 10 crore in Pre Series A round from Unicorn India Ventures to build Edge AI

Accor Expands Premium Presence in South India with Pullman Chennai Anna Salai

Varthana Secures USD 15 Million funding from BlueOrchard Microfinance Fund to Transform the Affordable Education Sector in India

SIDBI Opens New Branch in Karnal to Boost MSME Growth in Haryana

Healthcare diagnostics startup Neuranics Raises $700K US Funding in Seed Round Led by Inflection Point Ventures

Homversity raises USD 1 Million in Pre-Series A in participation from Inflection Point Ventures and others

Agnik: The Cutting-Edge Mobile Trading App Revolutionizing Investing & Trading for Everyone by Master Trust

Cactus Partners leads $1.2 million round in ParkMate

WadzPay Secures SGD $50 Million Investment Commitment from GEM

Order For Health raises INR 1 Crore in Seed Series Round led by Inflection Point Ventures

Morgan Stanley Inaugurates State-of-the-Art Office in Mumbai

NSE's consolidated profit in Q2 FY25 up by 57% YoY to Rs 3,137 crores

DRRK Foods Invests ₹20 crores, Set to Expand its Rice Packing Unit Near Mundra

Groww's FY'24 revenue more than doubles to INR 3,145 crore

ThoughtSol's Carbon Footprint Analysis Sparks New Initiatives for Emission Reduction

World Biogas Association INDIA Congress 2024 Set to Unlock India's Biogas Potential

8i Ventures earns 12X return on full exit from M2P Fintech

Lifechart Raises $500K to Scale Full Stack AI-Powered Gut Wellness Solutions

Aniket Metals Pvt Ltd raises INR 550 Million in Private Placement Round from Bharat Value Fund

Alchemyst AI raises $300K in Pre-Seed Round led by Inflection Point Ventures, along with 100Unicorns & Early Seed Ventures

Muthoot FinCorp Ltd announces XVII Tranche II series of NCDs, aims to raise Rs. 250 crore

Millennium Babycares Ltd raises INR 1220 Million in Private Placement Round from Bharat Value Fund

Flyzy To Invest 10 Cr in Tryvisa, aiming to make it the Largest 'Made-In-India' Visa Solutions Provider

Furnishka Raises Rs. 27 Crore in Pre-Series A, bringing the total valuation to Rs. 45 Crore across Two Rounds

Magma HDI launches OneProtect - A Contemporary Personal Accident Insurance for Active Lifestyles

Conscious Chemist announces INR 12 Cr funding from Atomic Capital, welcomes Apoorv Gautam to the Board

ClayCo Cosmetics Raises $2 Million from Unilever Ventures to Scale Operations and Expand Product Portfolio

Icon Facilitators Limited targets Rs. 100 Crore revenue by FY27, Plans IPO to Fuel Growth

DRA Homes Acquires Prestigious Marina Mall Residences on OMR, Chennai

Preparing Future-Ready Talents in Auto Sector

The Health Factory Raises $3.5 Million in Seed funding led by Peak XV's Surge

INDmoney's Indian stock broking platform, INDstocks hits 5,58,720 active investors

Bookmybai raises INR 2 Crore in Pre-Series A CCPS Round led by Inflection Point Ventures

FSS unveils Next-Gen Card Management System Powered by BLAZE

Leezu's Secures Pre-Seed Funding to Accelerate Growth in the Pleasure and Sexual Wellness Industry

Wundrsight raises USD 400K in a Seed Round led by Inflection Point Ventures

Vehant Technologies bags contract for Under Vehicle Scanning System from GAIL, IOCL, and Chennai Petroleum

Microsoft acquires Rs.~520 Crore Land Parcel in Pune's Hinjewadi: Square Yards

LiaPlus AI raises INR 2 Crore in Seed Round led by Inflection Point Ventures

VIKRAN Engineering Closes Pre-IPO Up-round of INR 100 Crores


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020