Drip Capital
- 28/10/2021
- Series C
- $175,000,000
Trade finance is an age-old paper-based industry dominated by banks that focus on large, established corporate customers. Today, however, small businesses account for 40% of international trade, but still remain neglected by banks. Drip Capital is using technology to re-build core parts of the international trade finance infrastructure and make the underwriting and financing of international B2B transactions seamless for small businesses. Our mission is to level the playing field for small businesses located in emerging markets and to finance their international trade at the click of a button.
Drip Capital is a California- and India-based fintech company, focused on solving the working capital problem for SME exporters using technology. The company was founded by Pushkar Mukewar and Neil Kothari, both roommates at Wharton. The team now comprises of engineers, data scientists and trade finance veterans across Palo Alto, and three offices in India - Mumbai, Delhi, and Bangalore.
- Industry Financial Services
- Website https://www.dripcapital.com/
- LinkedIn https://www.linkedin.com/company/dripcapital/
Related People
Pushkar MukewarCo Founder
Over the last decade, Pushkar Mukewar has worked across a variety of roles and verticals. For the first four years after business school, he worked as an investor with Indian entrepreneurs. The next four years, he used this knowledge to start and run Drip Capital, where his ultimate vision is to make global trade easy and accessible for small businesses around the world.
A key element for achieving this goal at Drip Capital has been building a team of technology, data science and trade finance veterans who hail from the likes of Harvard, Stanford, Wharton, IITs, IIMs, ISB, and other prestigious institutions. With the backing of top VC firms, a cross border presence, and expertise in data science and credit, Pushkar believes that the Drip team is well-positioned to realize his vision.
If you or someone you know would like to learn more about Drip, drop a note at cs@dripcapital.com and a member of the team will get in touch.