- MBG Card is a SaaS company providing cost-effective digital transformation solutions that help SMEs establish an online presence, manage customer reviews, and automate marketing and operational processes.
- The raised funds will be allocated to strengthening marketing strategies, advancing product development, and expanding the team.
- MBG Card currently serves over 10,000 clients both in India and internationally.
- In 2023, MBG Card was awarded Seed Funding under the Startup India Seed Fund Scheme.
- Inflection Point Ventures has invested over INR 790 Crore in more than 210 startups to date.
Jabalpur, Madhya Pradesh, December 19, 2024 – MBG Card, a leading SaaS company specializing in digital transformation solutions, has successfully raised ₹2.72 Crore in funding led by Inflection Point Ventures. The funding round also saw participation from Velocity Revenue-Based Financing and Klub Revenue-Based Financing. These funds will be directed towards boosting marketing efforts, enhancing product development, and expanding the team.
MBG Card offers affordable and comprehensive digital transformation tools tailored to small and medium-sized enterprises (SMEs). Its platform enables businesses with limited tech knowledge to establish an online presence, manage customer reviews, and automate marketing and operations—all at a fraction of the cost of traditional solutions. MBG Card’s mission is to empower SMEs to thrive in the digital era by simplifying complex processes and helping them grow through accessible tools.
Founded by Abhinavv Dubeyy, a seasoned entrepreneur with over 15 years of experience in tech startups, MBG Card provides an easy-to-use platform that allows non-tech-savvy businesses to manage their digital presence. Offering solutions at one-tenth the cost of traditional platforms, MBG Card makes digital transformation accessible to businesses of all sizes.
Mitesh Shah, Co-Founder of Inflection Point Ventures, commented, “SMEs are often loyal to their local customer base but face challenges in expanding beyond their locality. MBG Card solves this issue by bringing businesses online, helping them establish their brand, and offering tools for growth. We are confident in MBG Card’s ability to empower businesses in today’s competitive digital landscape.”
Headquartered in Jabalpur, Madhya Pradesh, MBG Card serves over 10,000 clients both in India and internationally. With rapid growth, the company continues to onboard thousands of new clients each month and aims to expand its global reach. With a team of 70+ employees, MBG Card is committed to maintaining its ambitious growth trajectory.
MBG Card’s platform offers a comprehensive suite of services designed for SMEs, simplifying the creation of an online presence, review management, marketing, and automation of customer interactions. At just one-tenth the price of traditional alternatives, it makes digital transformation affordable and accessible.
Abhinavv Dubeyy, Founder and CEO of MBG Card, shared, “The support from IPV has been pivotal in shaping MBG Card’s vision. Our goal is to help SMEs navigate the digital world, enhance customer engagement, streamline operations, and drive growth through our cost-effective solutions.”
The global digital transformation market is projected to reach $1.5 trillion by 2025, with India’s SaaS market rapidly expanding as more SMEs adopt digital solutions. With over 63 million SMEs in India, there is a significant demand for affordable digital tools like those offered by MBG Card.
