About Drip Capital Services India LLP
Data last updated:
Drip Capital Services India LLP is a limited liability partnership (LLP) based in Andheri East Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 02 December 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAH-9299. Its GSTIN is 27AAMFD9381P1ZG (Maharashtra). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Mugdha Shrikant Mukewar and Pushkar Mukewar Shrikant.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 1221 Solitaire Corporate Park, Andheri East Mumbai, Maharashtra.
As per the financials filed for FY 2025, the LLP reported a revenue of ₹61.94 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.54 Cr (net margin 8.9%) and EBITDA of ₹9.35 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
The LLP has about 210 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Drip Capital. Court records list 61 cases involving the LLP, including 51 filed by the LLP and 9 filed against it; 34 cases are pending.
For more details, the LLP can be reached via its website dripcapital.com.
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- Website
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- Registered Address1221 Solitaire Corporate Park Bldg No 12 2nd Floor Survey131A/1/A – A/1/I Guru Hargovindji Ma, Rg Chakala, Andheri East Mumbai, Maharashtra, India – 400093
- IndustryInternet, Online Financial Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Drip Capital Services India LLP
Drip Capital Services India operates one associated brand: Drip Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online marketplace platform for trade financing is developed. | dripcapital.com |
Competitors & Alternatives of Drip Capital Services India LLP
Brands and companies operating in the same space as Drip Capital Services India LLP include Outgo, Crowdz, Receivables Exchange of India and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Outgo | Accounting and invoice management software is provided for receivables. | Seattle, United States | 2016 |
 Crowdz | Blockchain-based accounts receivable solutions are offered to businesses. | Campbell, United States | 2014 |
 Receivables Exchange of India | MSME trade receivables are financed via TReDS platform through auctions. | Mumbai, India | 2016 |
 Artfine | Provider of bespoke supply chain finance solutions | Mumbai, India | 2018 |
 Prestige Capital | Online platform for invoice factoring | Fort Lee, United States | 1985 |
 Mundi | Invoice factoring is enabled via an online marketplace for businesses. | New York, United States | 2020 |
 Invoicemart | Digital platform connecting MSMEs, buyers, and financiers for invoice discounting. | Thane, India | 2016 |
 Fast A/R Funding | Invoice factoring solution provider | Los Angeles, United States | 2009 |
 FinSpot | Marketplace of financial advisors | Belgrade, Serbia | 2020 |
Designated Partners of Drip Capital Services India LLP
Drip Capital Services India has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mugdha Shrikant Mukewar Also directs: Midas Multispeciality Hospital Private Limited | Designated Partner | 02 Dec 2016 | 9 Years 10 Months | Current |
| Pushkar Mukewar Shrikant | Designated Partner | 02 Dec 2016 | 9 Years 10 Months | Current |
Financials of Drip Capital Services India LLP FY 2025 filings available
Drip Capital Services India LLP reported revenue of ₹61.94 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Drip Capital Services India LLP
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 6% growth in the latest year. EBITDA rose 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Drip Capital Services India LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹5.54 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Drip Capital Services India LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Drip Capital Services India are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Drip Capital Services India LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Drip Capital Services India LLP
Drip Capital Services India LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Drip Capital Services India LLP
Drip Capital Services India LLP has a workforce of 210 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Drip Capital Services India LLP
Drip Capital Services India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMFD9381P1ZG | Maharashtra | Active | 29 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Drip Capital Services India LLP
Drip Capital Services India LLP has 61 court cases on record: 51 filed by Drip Capital Services India, 9 filed against it, 1 where it is another party. 34 cases are pending and 27 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 5 | 31 |
| High courts | 7 | 4 | 3 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Dohna Global Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Uwon Packaging Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Sri Anagha Refineries Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Nadella Agrotech Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Nila Logistics LLP | Pending |
Full case history
All 61 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Drip Capital Services India LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Drip Capital Services India LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Drip Capital Services India LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Drip Capital Services India LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Drip Capital Services India LLP
Recent News on Drip Capital Services India LLP
Frequently Asked Questions about Drip Capital Services India LLP
Drip Capital Services India is an active limited liability partnership based in Andheri East Mumbai, Maharashtra, India. The LLP works in online financial services, within the internet industry. It was incorporated on 02 December 2016 (10+ years old) and is registered under LLPIN AAH-9299.
Drip Capital Services India reported revenue of ₹61.94 Cr for FY 2025 (up 6% YoY).
Drip Capital Services India has 2 current designated partners:
- Mugdha Shrikant Mukewar - Designated Partner
- Pushkar Mukewar Shrikant - Designated Partner
Drip Capital Services India reported a net profit of ₹5.54 Cr (net margin 8.9%) and EBITDA of ₹9.35 Cr (EBITDA margin 15.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drip Capital Services India is 7% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Drip Capital Services India is 27AAMFD9381P1ZG, registered in Maharashtra. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Drip Capital Services India is AAH-9299. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Drip Capital Services India has 61 court cases on record: 51 filed by the LLP and 9 filed against it. 34 are pending. Most are in the district courts.
Drip Capital Services India was incorporated on 02 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.