In a significant boost to India’s small and medium business (SMB) ecosystem, trade finance platform Drip Capital has secured $50 million in debt funding to expand its working capital solutions for exporters and importers. The new round comes as part of the company’s continued effort to bridge the global trade financing gap that constrains growth for small businesses.
The latest financing has been raised from a mix of international financial institutions and investment funds, including existing partners, underscoring investor confidence in Drip Capital’s data-driven approach to trade finance. The company plans to use the capital to enhance liquidity for SMBs engaged in cross-border trade, wh
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