Trade finance firm Drip raises $25 mn

Date posted: Monday 5 August 2019

Drip Capital, which extends finance to small and medium-scale exporting industries, has raised $25 million, taking the total amount raised by it so far to $100 million. The funds will be used to launch services in emerging countries in southeast Asia and to strengthen presence in countries where the company is present. We will also ramp up the team, especially for technology and product engineering.

(The Hindu)