Here’s why California-based Drip Capital is betting big on Indian SMEs

Here’s why California-based Drip Capital is betting big on Indian SMEs
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  • In 2015, the duo set up Drip Capital, a trade finance company that provides collateral-free, post-shipment finance to Indian exporters “with instant approvals and minimal documentation”.Trade finance is an age-old, paper-based industry dominated by banks that focus on large, established corporate customers.
  • That is where Drip Capital comes in: it is using technology to re-build core parts of the international trade finance infrastructure, and make underwriting and financing of international B2B transactions seamless for small businesses.
  • Drip Capital steps in to give these exporters collateral-free, working capital at competitive rates of interest as rapidly as possible.
  • The product helps working capital-strapped MSME exporters access alternative financing to grow their businesses faster than they could otherwise.
  • Drip Capital offered to provide collateral-free working capital to Dhara Foods by financing his export invoice.


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