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Drip Capital Nets $50 Mn Debt To Offer Working Capital To SMBs
Inc42 Media·2025-10-30 08:30

Founded in 2015, Drip Capital offers trade financing solutions to small and medium business (SMB) clients in India, the US and MexicoThe fresh proceeds will be utilised to scale up the startup’s trade finance platform and its volumeThe deal will also have an additional 25Mnaccordionfeature,whichmeansthatDripCapitalwillbeabletoextenditscreditlinewithoutnegotiatinganewagreementTradefinancingstartupDripCapitalhasraised25 Mn accordion feature, which means that Drip Capital will be able to extend its credit line without negotiating a new agreementTrade financing startup Drip Capital has raised 50 Mn (INR 441.5 Cr) in a debt funding round led by Canada-base ...