Mumbai| January 23, 2026 – Drip Capital Inc. today announced the signing of a Memorandum of Understanding (MoU) with the Government of Maharashtra to facilitate investment in the state and expand access to trade finance for Maharashtra-based micro, small and medium enterprises (MSMEs) engaged in exports. The MoU was signed on the sidelines of the World Economic Forum Annual Meeting in Davos.
Under the MoU, Drip Capital has committed to disburse ₹10,000 crore in collateral-free trade finance to MSMEs in Maharashtra over the next five years (2026–2031). The partnership aims to enable exporters to access working capital, scale cross-border trade operations, and participate more actively in global supply chains.
As per findings by the Small Industries Development Bank of India (SIDBI), India’s MSME sector faces a credit gap of nearly ₹30 lakh crore. This financing shortfall continues to constrain the ability of micro, small, and medium enterprises to scale operations and participate meaningfully in international trade.
Despite MSMEs being a critical driver of employment and economic growth, limited access to timely and affordable credit restricts their global competitiveness. Bridging this gap represents a significant economic opportunity — potentially unlocking ₹9–10 lakh crore in incremental export value annually — while accelerating India’s export-led growth agenda.
Commenting on the partnership, Pushkar Mukewar, Founder and CEO, Drip Capital, said, “Our collaboration with Government of Maharashtra will foster financial inclusivity and resilience among MSMEs. We aim to empower local businesses with access to timely, collateral-free finance and technology solutions to drive economic growth, and global scale.”
Drip Capital is a proven leader in India and globally. So far, they have helped over 11,000 growing businesses by facilitating more than ₹66,000 crore in trade financing. The company uses a fully digital platform and automated risk assessment tools. This allows businesses to get funded in days rather than weeks or months. They offer collateral-free financing, meaning business owners don’t have to pledge personal assets to get the cash they need to fulfill large orders.
The MoU reinforces Drip Capital’s long-term commitment to Maharashtra and reflects a shared vision to strengthen MSME-led exports, enhance financial inclusion, and drive sustainable economic growth.
The partnership is also expected to support employment generation, both direct and significant indirect employment through the expansion of MSME supply chains. It will also enable MSMEs to leverage advanced digital capabilities such as data-driven underwriting, global buyer verification, and robust risk assessment, helping exporters access timely and reliable trade finance.
