Jabalpur-based SaaS startup MBG Card has secured ₹2.72 crore in a fresh funding round led by IPV, with participation from Velocity and Klub.
The company plans to allocate the funds towards marketing enhancement, product development, and team expansion, according to an official statement.
Founded in 2021 by Abhinavv Dubeyy, MBG Card provides a digital transformation platform aimed at empowering non-tech-savvy businesses.
Its features include tools for creating an online presence, managing customer reviews and ratings, marketing automation, and customer interaction through chat functions.
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The startup has amassed a client base of over 10,000 businesses in India and internationally, with thousands of new users onboarding each month.
MBG Card operates with a dedicated workforce of 70+ employees and continues to scale its global footprint.
As of March 31, 2022, MBG Card reported an annual revenue of $32.9K, according to Tracxn.
