About Drip Capital
Drip Capital is a company based in Palo Alto (United States) founded in 2015 by Neil Kothari and Pushkar Mukewar. Drip Capital has raised $108.12 million across 14 funding rounds from investors including Barclays, SVB and Accel. The company has 218 employees. Drip Capital operates in a competitive market with competitors including Crowdz, Receivables Exchange of India, Outgo, Mundi and Invoicemart, among others.
- Headquarter Palo Alto, United States
- Employees 218
- Founders Neil Kothari, Pushkar Mukewar
- SectorsFinancial Services
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website dripcapital.com
- Social LinkedIn X Facebook
- Legal Name Drip Capital Services India Llp
- Date of Incorporation 02 Dec, 2016
- Annual Revenue₹61.94 Cr
FY 2025 · +6% YoY
- Net Profit₹5.54 Cr
FY 2025 · 9% margin
- EBITDA₹9.35 Cr
FY 2025 · 15% margin
- Total Equity Funding$108.12M (USD)
in 14 rounds
- Latest Funding Round$50M (USD), Debt – Conventional
Oct 2025
- InvestorsBarclays
& 16 more
- Employee Count218
Associated legal entities of Drip Capital
Drip Capital operates through Drip Capital Services India Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drip Capital Services India Llp CIN AAH-9299 | Active | 02 Dec 2016 | Andheri East Mumbai, Maharashtra | ₹61.9 Cr | 210 | 2 | View details |
Funding Insights of Drip Capital
Drip Capital has successfully raised a total of $108.12M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $108.12M
- Total Rounds 14
- Last Round Debt – Conventional — $50M
- First Round $120,000
(Aug 2015)
- Investors Count 17
Latest 10 of 14 funding rounds of Drip Capital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | $50M | Debt – Conventional | – | – | |
| Sep 2024 | $90M | Debt – Conventional | – | – | |
| Sep 2024 | $23M | Series C | – | GMO Payment Gateway, Sumitomo Mitsui Banking Corporation | – |
| Oct 2023 | $40M | Debt – Conventional | – | – | |
| Oct 2021 | $135M | Debt – Conventional | – | – | |
| Oct 2021 | $40M | Series C | – | TI Platform Management | |
| Mar 2021 | $40M | Debt – Conventional | – | – | |
| Jul 2019 | $25M | Series B | – | Accel | |
| Jun 2018 | $15M | Series A | – | – | |
| Jun 2018 | – | Debt – Venture | – | – |
17 investors in total: 17 institutional.
Investors in Drip Capital
Drip Capital has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, SVB and Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | - | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital fund and fund of funds focused on early-stage startups | – | wing.vc | Palo Alto, United States | |
- | – | irongrey.com | - | |
Venture capital firm investing in multiple sectors | – | gc1holding.com | Culiacan, Mexico | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
- | – | gciventures.com | - | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Commercial banking services are offered to individuals and businesses. | 1973 | eastwestbank.com | Los Angeles, United States | |
Payment gateway service provider. | 1995 | gmo-pg.com | Tokyo, Japan |
Investor details for Drip Capital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Drip Capital Services India Llp (Drip Capital)
Drip Capital Services India Llp is the primary company behind Drip Capital. The board of Drip Capital Services India Llp currently have 2 directors; the longest-serving is Mugdha Shrikant Mukewar, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mugdha Shrikant Mukewar DIN 03150418 | Designated Partner | 02 Dec 2016 | 9 yrs 10 mo | Drip Capital Services India Llp |
| Pushkar Mukewar Shrikant DIN 03629881 | Designated Partner | 02 Dec 2016 | 9 yrs 10 mo | Drip Capital Services India Llp |
People of Drip Capital
48 people are tracked at Drip Capital (20 in leadership, 28 in team); the tracked headcount is 218.
| Name | Role | Group |
|---|---|---|
Neil Kothari | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Aakash Soni | Associate Director - Finance | Leadership |
Karl Boog | Chief Business Officer, US | Leadership |
Evelyn Ruiz | Head of Inside Sales | Leadership |
Abhilekh Paul | Head of New Initiatives | Leadership |
Ross Johnson | Head of Demand Generation | Leadership |
Deepak Gandhi | Head of Outbound Sales | Leadership |
Sven Hoffmann | CFO | Leadership |
Ria Jain | Associate Director, Strategy (founders’ Office) | Leadership |
Gurpreet Kaur Bilkhu | Director | Capital Markets | Leadership |
Amar Samarapally | Director Of Strategic Partnerships | Leadership |
Ajith Prabhu | Head Of Global Operations | Leadership |
Akshay Verma | Head Of Risk | Leadership |
Tej Mulgaonkar | Head Of Product And Engineering | Leadership |
Varun Chhabra | Director Of Growth | Leadership |
Vipul Garg | Director Of Engineering | Leadership |
Mudassir Khan | Vice President | Leadership |
Amit Pandey | Director Of Growth | Leadership |
Tijo George | Director - Risk Servicing | Leadership |
28 more people are available in the full profile.
Complete people profiles for Drip Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Drip Capital
Figures of Drip Capital Services India Llp, the primary company behind Drip Capital, for FY 2025. Revenue was ₹61.94 Cr (+6% year on year). Net profit was ₹5.54 Cr (9% margin). EBITDA was ₹9.35 Cr (15% margin). Revenue has grown at a compounded annual rate of +7% over three years and +12% over five years.
- ₹61.94 CrRevenue · FY 2025 · +6% YoY
- ₹5.54 CrNet profit · 9% margin
- ₹9.35 CrEBITDA · 15% margin
- 210Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Drip Capital Services India Llp are on its company page.
Detailed financial statements for Drip Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Drip Capital
3 dated milestones of Drip Capital across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Drip Capital is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Debt – Conventional, of $50.0M.
Competitors of Drip Capital
Drip Capital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Crowdz, Receivables Exchange of India, Outgo, Mundi and Invoicemart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crowdz.io | 2014 | Campbell, United States | $17.66M | 27 | Blockchain-based accounts receivable solutions are offered to businesses. | |
| rxil.in | 2016 | Mumbai, India | – | 183 | MSME trade receivables are financed via TReDS platform through auctions. | |
| outgo.com | 2016 | Seattle, United States | $18.4M | 9 | Accounting and invoice management software is provided for receivables. | |
| mundi.io | 2020 | New York, United States | $38.8M | – | Invoice factoring is enabled via an online marketplace for businesses. | |
| invoicemart.com | 2016 | Thane, India | – | 157 | Digital platform connecting MSMEs, buyers, and financiers for invoice discounting. | |
| artfine.in | 2018 | Mumbai, India | $1.14M | – | Provider of bespoke supply chain finance solutions | |
| prestigecapital.com | 1985 | Fort Lee, United States | – | 11 | Online platform for invoice factoring | |
| finspot.com | 2020 | Belgrade, Serbia | – | – | Marketplace of financial advisors | |
| fastarfunding.com | 2009 | Los Angeles, United States | – | – | Invoice factoring solution provider |
Detailed competitors of Drip Capital
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Drip Capital
The website of Drip Capital (dripcapital.com) receives about 123.7K visits a month and ranks #279,347 among all websites worldwide, #701 in Accounting and Auditing.
- Monthly visits123.7K
▼ 20% vs previous month
- Unique visitors71.5K
per month
- Global rank#279,347
among all websites
- Category rank#701
Finance · Accounting and Auditing
- Bounce rate43%
- Pages per visit2.1
- Average visit1 min 20 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with Drip Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| enterslice.com | 100% | 79.8K | #667,050 | View details | |
cleartax.in | cleartax.in | 94% | – | #6,074 | – |
cbic-gst.gov.in | cbic-gst.gov.in | 82% | – | #129,734 | – |
| hubco.in | 82% | 30.3K | #841,449 | View details | |
| billclap.com | 82% | 24.7K | #1,152,614 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 38 similar websites and full traffic analytics for Drip Capital
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 38 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Drip Capital
Complete news archive for Drip Capital
Full article history, source details, and older brand coverage require an active premium plan.
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Verified entity values are shown only after access is granted.
Similar companies to Drip Capital
10 companies that operate in the same segment as Drip Capital (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Drip Capital
Drip Capital was founded in 2015.
Drip Capital is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Pushkar Mukewar is the current CEO of Drip Capital. They have also founded this company.
Drip Capital is a funded company, having raised a total of $108.12M across 14 funding rounds to date.
Drip Capital has 218 employees.
The primary company behind Drip Capital, Drip Capital Services India Llp, reported revenue of ₹61.94 Cr for FY 2025, up 6% year on year.
Drip Capital was founded in 2015 in Palo Alto, United States, within the fintech sector focused on trade financing. An online platform is operated to connect users with financing options, including working capital loans, invoice financing, export financing, and shipment financing. Loans are extended based on credit assessments, product costs, invoice amounts, and specified terms. Tools for monitoring future invoices and payments are also made available to users.
Drip Capital's top competitors include Outgo, Crowdz and Receivables Exchange of India.
Drip Capital has 17 investors. Key investors include Barclays, SVB, Accel, International Finance Corporation, and East West Bank.
Drip Capital operates through Drip Capital Services India Llp.
The legal entities of Drip Capital currently have 2 directors, including Mugdha Shrikant Mukewar, Pushkar Mukewar Shrikant.
The website of Drip Capital receives about 124 thousand visits a month and ranks #279,347 among all websites worldwide.