Drip Capital has partnered with YES BANK to expand trade finance access for micro, small, and medium enterprises involved in cross-border trade.
The partnership aims to address the financing challenges faced by MSME exporters by combining Drip Capital’s digital trade finance platform with the banking infrastructure and customer network of YES BANK.
According to the companies, the collaboration will help simplify documentation processes, accelerate credit approvals, and improve working capital access for businesses operating in global markets.
Drip Capital stated that MSMEs continue to face hurdles in securing timely financing for export and trade operations despite their growing role in India’s export economy.
Pushkar Mukewar, Co-founder and Chief Executive Officer, Drip Capital, said, “Access to reliable trade finance remains a key challenge for MSMEs participating in global trade. This partnership with YES BANK allows us to scale our reach and embed our financing solutions within a strong banking ecosystem.”
He added, “By combining our digital underwriting capabilities with YES BANK’s client network, we aim to enable faster credit access and help businesses navigate cross-border trade with greater confidence.”
Deepak Gandhi, Director and Business Head (Exports and Pre-Shipment), Drip Capital, said exporters are dealing with increasing market complexities ranging from payment cycles to buyer risks, and the partnership is focused on simplifying working capital access for businesses.
Dimple Chitnis, National Head Trade Supply Chain, Bullion and FES, Transaction Banking Group, YES BANK, said, “At YES BANK, we are committed to supporting MSMEs with financial solutions tailored to their evolving business needs.”
She further added, “Through digital innovation and easy cross-border export finance, we aim to improve working capital efficiency and help businesses compete more effectively in global markets.”
The companies stated that the collaboration reflects a broader effort to strengthen India’s MSME ecosystem through faster, technology-led, and more accessible trade finance solutions.
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