- MBG Card is a SaaS company offering affordable digital transformation solutions, helping SMEs create an online presence, manage reviews, and automate marketing and operations.
- The funds will be used to enhance marketing efforts, expand product development, and build a strong team.
- MBG Card serves over 10,000 clients nationally and internationally.
- MBG Card was awarded Seed Funding under the Startup India Seed Fund Scheme in 2023.
- So far, Inflection Point Ventures has invested over INR 790 Cr across 210+ startups
Jabalpur, Madhya Pradesh, 20th Dec 24 – MBG Card, a leading SaaS company providing digital transformation solutions for businesses, has successfully raised ₹2.72 Crore in by Inflection Point Ventures. The round saw participation from Velocity Revenue Based Financing and Klub Revenue Based Financing. This funding will be used to enhance marketing efforts, product development, and team building.
MBG Card is a SaaS company focused on providing affordable and comprehensive digital transformation solutions for SMEs. The platform enables non-tech-savvy businesses to easily build an online presence, manage review ratings, and automate marketing and operations, all at a fraction of the cost of traditional solutions. With a mission to empower businesses to thrive in the digital space, MBG Card streamlines processes, enhances customer engagement, and drives growth through accessible and efficient tools.
Founded by Abhinavv Dubeyy, an experienced entrepreneur with over 15 years in tech startups, MBG Card has been delivering affordable digital transformation solutions, helping SMEs create an online presence, manage reviews, and automate marketing and chat operations. At just 1/10th the price of traditional solutions, MBG Card caters to businesses that are not tech-savvy, making digital tools accessible to all.
Mitesh Shah, Co-Founder, Inflection Point Ventures, says “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”.
Based in Jabalpur, Madhya Pradesh, MBG Card serves over 10,000 clients across India and internationally. The company continues to grow at a rapid pace, onboarding thousands of new clients each month, and expanding its presence globally. With a dedicated team of 70+ employees, MBG Card aims to maintain its threefold annual growth trajectory.
MBG Card offers a comprehensive, one-stop digital transformation solution tailored for non-tech-savvy businesses. With its affordable pricing, just 1/10th of traditional alternatives, MBG Card simplifies the process of creating an online presence, managing review ratings, marketing, and automating customer chat functions.
Abhinavv Dubeyy, Founder & CEO, says, “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.” (to be changed)
The global digital transformation market is expected to reach $1.5 trillion by 2025, with India’s SaaS market growing at a rapid pace due to increasing adoption by SMEs. With over 63 million SMEs in India, there is a huge demand for affordable digital solutions like MBG Card.
About MBG Card
Founded in 2021 by Abhinavv Dubeyy, MBG Card is a SaaS company specializing in digital transformation solutions for SMEs. The platform provides affordable tools to help businesses enhance customer engagement, boost revenue, and automate operations.
About Inflection Point Ventures (IPV)
Inflection Point Ventures (IPV) is an angel investing platform that brings together over 23,500 CXOs, HNIs, and professionals to invest in startups. IPV has deployed significant capital in early-stage startups, providing both financial and experiential support to help entrepreneurs scale their businesses.