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Home Funding Flow

MBG Card Lands ₹2.72 Crore Funding: A Transformative Boost for SaaS Innovators, Spearheaded by IPV!

Akash Das by Akash Das
December 19, 2024
in Funding Flow, News
Reading Time: 3 mins read
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MBG Card Lands ₹2.72 Crore Funding: A Transformative Boost for SaaS Innovators, Spearheaded by IPV!
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Highlights

  • 1 MBG Card Secures ₹2.72 Crore in Funding to Propel Growth
    • 1.1 Investment Utilisation
    • 1.2 Innovative Solutions for Non-Tech Businesses
    • 1.3 Rapid Expansion and Client Base
    • 1.4 Market Insights

MBG Card Secures ₹2.72 Crore in Funding to Propel Growth

SaaS startup MBG Card has successfully secured ₹2.72 crore in a recent funding round led by Inflection Point Ventures, with additional support from Velocity and Klub.

Investment Utilisation

The capital acquired will be strategically directed towards enhancing marketing efforts, advancing product development, and expanding the workforce.

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Innovative Solutions for Non-Tech Businesses

Founded by Abhinav Dubey, MBG Card offers a comprehensive digital transformation platform tailored for businesses without technical proficiency. The service simplifies the establishment of an online presence, manages customer reviews, supports marketing initiatives, and automates client interactions through chat.

Rapid Expansion and Client Base

Located in Jabalpur, MBG Card proudly serves over 10,000 clients across domestic and international markets. The company is on a growth trajectory, consistently acquiring thousands of new customers monthly, while expanding its global reach. With a dedicated team of more than 70 employees, MBG Card is well-prepared to manage its expanding operations.

Market Insights

Recent market research suggests that the global digital transformation sector is poised to reach $1.5 trillion by 2025. Specifically in India, the SaaS industry is witnessing significant growth fuelled by heightened adoption among small and medium-sized enterprises (SMEs).

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Akash Das

Akash Das

Hi, I’m Akash, an entrepreneur, tech enthusiast, digital marketer, and content creator on a mission to inspire innovation and drive transformation through technology and creativity.My expertise extends to digital marketing, where I craft data-driven strategies for SEO, social media, and branding to empower businesses and creators to grow their online presence. Alongside my entrepreneurial journey, I share my insights and discoveries through engaging blogs, tutorials, and YouTube content.

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