Pushkar Mukewar
CEO-Founder
Drip Capital
10/10Traction
Drip Capital is a digital platform that offers trade financing solutions for SMEs and large enterprises by utilizing data-driven risk assessment and automated credit evaluation. The platform addresses the challenge of limited access to working capital for businesses engaged in international trade, enabling them to optimize cash flow and expand their operations.
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Updated 22 months ago
Funding
Raised to date
$23MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BtvNo round attributed
- btv.vc (opens in a new tab)investor website
DydxcapNo round attributed
- dydxcap.com (opens in a new tab)investor website
RvvNo round attributed
- rvv.tv (opens in a new tab)investor website
Tau VenturesNo round attributed
- tauventures.com (opens in a new tab)investor website
Wing Venture CapitalNo round attributed
- wing.vc (opens in a new tab)investor website
Funding rounds are not available yet.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) engaged in international trade often face challenges in accessing sufficient working capital to manage cash flow and fulfill export orders. Traditional financing options can be difficult to obtain due to stringent requirements and lengthy approval processes, hindering their ability to compete in the global market.
Solution
Drip Capital provides a technology-driven trade finance platform that offers working capital solutions to SMEs involved in international trade. By leveraging data analytics and automated credit evaluation, Drip Capital streamlines the financing process, enabling businesses to access funds more quickly and efficiently. The platform offers a range of financing options tailored to the specific needs of exporters and importers, helping them to bridge the gap between purchase order and payment receipt. This allows businesses to optimize their cash flow, fulfill larger orders, and expand their international operations.
Target Audience
The primary target audience consists of SMEs and large enterprises engaged in international trade, specifically exporters and importers seeking working capital solutions.
Features
- Data-driven risk assessment using machine learning algorithms to evaluate creditworthiness
- Automated credit evaluation process for faster approval and disbursement of funds
- Flexible financing options, including invoice financing and supply chain financing
- Real-time tracking and management of transactions through an online platform
- Multi-currency support for seamless international transactions