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Drip Capital, a fintech company that provides working capital to small and medium-sized businesses (SMBs), has raised $113 million in a debt-equity mix from Japanese investors. The funding comprises $23 million in equity and $90 million in debt. This capital infusion is expected to enable Drip Capital to extend more credit to small businesses in India. The company aims to leverage these funds to support its growth and expansion plans.
Drip Capital, a fintech that provides working capital to SMBs, picks up $113M: https://t.co/DxEKOkbW2m by TechCrunch #infosec #cybersecurity #technology #news
Drip Capital, a fintech that provides working capital to SMBs, picks up $113M https://t.co/KV0PZ4SixQ
Drip Capital, a fintech that provides working capital to SMBs, picks up $113M: Drip Capital has raised $113 million in a combination of $23 million in equity and $90 million in debt to provide credit to more small businesses in India… https://t.co/mYzsEqhzYd #AI #AInews #AItips
