Drip Capital, a leading fintech company specializing in efficient working capital solutions, has successfully raised $113 million in its latest funding round, marking a significant milestone in its growth journey. Founded by Wharton alumni Pushkar Mukewar and Neil Kothari, Drip Capital has established itself as a frontrunner in financing both international trade and domestic transactions. With their innovative approach, Drip is committed to providing seamless underwriting and financing options for businesses of all sizes, including small and medium enterprises (SMEs) and large enterprises alike. The infusion of capital will enable the company to enhance its technological capabilities, broaden its service offerings, and expand its reach in existing and new markets.
With operations based in the United States and India—spanning vibrant cities like Palo Alto, Mumbai, Delhi, and Bangalore—Drip Capital’s dynamic team of engineers, data scientists, and experienced finance professionals is dedicated to transforming the landscape of working capital solutions. By leveraging cutting-edge technology, Drip aims to make financing accessible and straightforward for businesses, empowering them to meet their financial needs with ease. This funding round underscores the investors’ confidence in Drip’s mission to reshape how companies manage their working capital and navigate the complexities of trade finance. As the company accelerates its growth, it remains focused on providing tailored financial solutions that drive economic growth and facilitate smoother trade operations on a global scale.
