Mystifly Raised $8 Million From CSVP During Pre-Series B Funding

Mystifly, a B2B SaaS startup has received its pre-Series B funding from Cornerstone Venture Partners Fund (CSVP Fund). It has also received funds from RSI Fund I, LLC and Jenfi & Crusade Partners as a part of this same funding round.

Mystifly will invest this funding to increase its global business and products offerings along with advancing its technology. As of now, it has raised the total amount of $13 million including the latest funding.

The B2B SaaS startup was founded by Rajeev Kumar, in 2009, Bengaluru. It has its headquarters in Singapore since 2015 and provides SaaS services to airlines, travel intermediaries, etc. Mystifly is also operational in Singapore, UK, and US. It claims to deliver services to almost 2500+ 3,000 clients out of which 700 are in airlines.

Nanika Kakkar, the Investment Director of CSVP Fund said on Mystifly, “Mystifly is empowering intermediaries to be digital first while also offering enhanced attributes to make consumer’s decision-making easier. Through the pandemic, the company built various solutions for multiple stakeholders proving to be an anti-fragile business, well positioned to scale from here on”.

Varsha

Varsha is a dedicated content writer at Techjockey. She has one+ year of experience in tech industry writing. She has a background in literature and wrote in multiple niches including technology, automobile, interior designing, and more. Her writing style is persuasive, descriptive and helps organizations to engage better with their target audience and boost their sales.

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