SaaS Startup MBG Card Raises Rs 2.72 Cr Funding led by IPV

MBG Card, a SaaS startup offering digital transformation solutions, has raised ₹2.72 crore in funding led by Gurugram-based angel investor firm Inflection Point Ventures. Velocity and Klub also participated in the round. 

The fresh funds will be used for marketing, product development, and team expansion.

What is MCG Card and what does it do?

Founded in 2021 by Abhinavv Dubeyy, Jabalpur-based MBG Card is a SaaS (Software-as-a-Service) company that offers affordable digital transformation solutions for small and medium-sized businesses (SMEs). 

The platform helps businesses with no tech expertise create an online presence, manage reviews, and automate marketing and operations, all at a lower cost than traditional methods. It simplifies processes, improves customer engagement, and supports growth with easy-to-use tools.

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MBG Card serves over 10,000 clients in India and abroad. The startup is growing quickly, adding thousands of new clients every month and expanding globally. With a team of over 70 employees, it aims to continue its threefold annual growth.

Abhinavv Dubeyy, founder of MBG Card, said, "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."

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Mitesh Shah, Co-Founder, Inflection Point Ventures, said, “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."