Federation of Indian Export Organizations FIEO in association with Trade finance firm Drip Capital had organized a seminar on ‘interactive sessions on export factoring: Easy access to unsecured finance for SME exporters’ recently. Presented by Pushkar Mukewar, co-founder of Drip Capital, the event saw the presence of Akshay Shah, management Executive, FIEO (WR) and SME Exporters.
Mukewar said, “There are more than 900 small and medium industrial units in and around Nagpur. However, many of these SMEs face severe issues in managing their working capital because of lack of adequate options. In order to solve this problem, Drip Capital provides collateral-free post- shipment finance to Indian exporters with instant approvals and minimal documentation.”
Drip capital is a US-based trade finance firm founded in 2014 by Pushkar Mukewar and Neil Kothari to solve the financing problems faced by MSME exporters in India and abroad.