With the help of Inflection Point Ventures, SaaS startup MBG Card has raised Rs. 2.72 crore in a new funding round. Velocity and Klub also participated in this round.

The money raised will be put toward improving team building, product development, and marketing initiatives.

Abhinavv Dubeyy founded MBG Card, which provides a complete, one-stop shop for digital transformation designed for non-technical businesses. It streamlines the procedures for marketing, managing review ratings, setting up an online presence, and automating customer chat features.

MBG Card, a Jabalpur-based company, says it serves more than 10,000 customers both domestically and abroad. The company is still growing, adding thousands of new customers every month and broadening its reach internationally. with a committed group of more than 70 workers.

Market research indicates that the global market for digital transformation is anticipated to reach $1.5 trillion by 2025, with India's SaaS market expanding quickly as a result of SMEs' growing adoption of this technology.

"Our IPV experience influenced the idea behind MBG Card. In order to promote growth and customer engagement, we aim to assist SMEs in embracing the digital world, boosting marketing and sales, and streamlining operations," stated Dubeyy.

Co-Founder of Inflection Point Ventures Mitesh Shah stated, "SMEs frequently benefit from the loyalty of regular local customers, but it is restricted to that locality." Beyond that, it is difficult to establish a presence. By moving the businesses online, giving them a brand, and giving them resources to expand, MBG card fills this gap. IPV is confident that MGB's experience will enable businesses to thrive in the current competitive environment.