Stocks to Watch Today (April 17, 2026): Wipro, Angel One, HDFC Life, ICICI Lombard and more

Trump announces Israel-Lebanon ceasefire for 10 days; oil market awaits Islamabad US-Iran peace talks

Delhi AQI Update: GRAP 1 restrictions back as Delhiites battle 'poor' air quality

Are more Mumbaikars skipping tickets? Central Railway fines touch Rs 251.91 crore

SpiceJet-Akasa Aircraft Collision at Delhi Airport: Taxiing plane hits stationary aircraft, passengers safe

Parents Demand Action: UK PM Starmer calls on X, Meta, Snap Inc., YouTube, TikTok to step up on child safety

Wipro Headcount: IT major adds 8,800 employees YoY, vs TCS reduction of 23,000 jobs

Military conflict not the answer, says PM Modi at joint press meet with Austrian Chancellor Stocker

Rs 15,000 Crore Buyback: Wipro announces share repurchase at 19% premium; check price, route and key details

Wipro Q4 Results: Profit rises 13%, beats estimates; revenue misses, Rs 15,000 crore buyback announced

FIEO, Drip Capital MoU: In a bid to provide exporters with training in technology and invoice factoring, Drip Capital — a US-based fintech company — has signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO) — the apex body for export promotion set up in partnership with the government of India. The partnership will give small-and medium-sized exporters exposure to fintech solutions, widely considered to be one of the biggest disruptors in cross-border trade. Small exporters, who are often overlooked by banks or are otherwise unable to access the traditional banking system, can leverage these solutions to their benefit. The Drip-FIEO partnership aims to help SME exporters of Indian to understand the available opportunities in a better way.
The memorandum was signed by Khalid M Khan, Regional Chairman, FIEO (WR) and Pushkar Mukewar, Co-Founder and Co-CEO, Drip Capital. Speaking about the partnership, Khalid M Khan said, “Technology is an important element of trade finance, as it can reduce the need for red-tape and paperwork. This will help exporters access credit easily, leading to an improvement in export numbers. The memorandum with Drip Capital will allow us to put exporters in touch with financial technology.” 
See Zee Business video below:
<blockquote data-lang="en">अब से नहीं चलेगी किराएदारों पर मकान मालिक की धौंस! जानिए क्या<a href="https://twitter.com/FinMinIndia?ref_src=twsrc%5Etfw">@FinMinIndia</a> <a href="https://twitter.com/nsitharaman?ref_src=twsrc%5Etfw">@nsitharaman</a> <a href="https://twitter.com/MahaRERA?ref_src=twsrc%5Etfw">@MahaRERA</a> <a href="https://twitter.com/MoHUA_India?ref_src=twsrc%5Etfw">@MoHUA_India</a> <a href="https://twitter.com/HardeepSPuri?ref_src=twsrc%5Etfw">@HardeepSPuri</a> <a href="https://twitter.com/AnilSinghviZEE?ref_src=twsrc%5Etfw">@AnilSinghviZEE</a> <a href="https://twitter.com/SwatiKJain?ref_src=twsrc%5Etfw">@SwatiKJain</a> <a href="https://t.co/U1nJxdjU1p">pic.twitter.com/U1nJxdjU1p</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1149549627831508993?ref_src=twsrc%5Etfw">July 12, 2019</a></blockquote>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Pointing towards the benefits of this MoU Pushkar Mukewar, Co-Founder and Co-CEO, Drip Capital said, “Our idea is to create an automated platform that would address the working capital needs of SMEs, not just in India, but across the world. What we want is to level the playing field for SMEs everywhere and give them easy access to trade finance.” He said that the existing paper-based trade finance system is inefficient and biased against smaller exporters. These exporters spend the time they cannot afford in battling bureaucracy and slow processing times, as well as demands for collateral. This is what Drip Capital aims to fix, with its focus on collateral-free, technology-enabled finance. He went on to added that helping SME exporters with trade finance also feeds into a larger goal of giving the country’s overall economy and GDP growth a boost. Multilateral agencies like the World Bank have found that economies gain immensely when trade increases, especially in the MSME sector. 
Batting for the boost to SME experts Dr. Ajay Sahai, Director General &amp; CEO, FIEO said, “In India, MSMEs contribute to about 50% of the total exports (merchandise as well as services). It is vital that this segment is given a boost. Growth in exports will mean a stronger economy, and this segment has the potential to create more jobs in India.” He said that trade-related challenges cannot be tackled by private companies alone. FIEO is a trade promotion body backed by the government of India and can reach the widest network of exporters in the country. Under the provisions of the memorandum, FIEO, in partnership with Drip Capital, will conduct a series of awareness-raising events among MSME exporters across the country.

FIEO, Drip Capital MoU: In a bid to provide exporters with training in technology and invoice factoring, Drip Capital — a US-based fintech company — has signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO) — the apex body for export promotion set up in partnership with the government of India. The partnership will give small-and medium-sized exporters exposure to fintech solutions, widely considered to be one of the biggest disruptors in cross-border trade. Small exporters, who are often overlooked by banks or are otherwise unable to access the traditional banking system, can leverage these solutions to their benefit. The Drip-FIEO partnership aims to help SME exporters of Indian to understand the available opportunities in a better way.The memorandum was signed by Khalid M Khan, Regional Chairman, FIEO (WR) and Pushkar Mukewar, Co-Founder and Co-CEO, Drip Capital. Speaking about the partnership, Khalid M Khan said, “Technology is an important element of trade finance, as it can reduce the need for red-tape and paperwork. This will help exporters access credit easily, leading to an improvement in export numbers. The memorandum with Drip Capital will allow us to put exporters in touch with financial technology.” See Zee Business video below:अब से नहीं चलेगी किराएदारों पर मकान मालिक की धौंस! जानिए क्या@FinMinIndia @nsitharaman @MahaRERA @MoHUA_India @HardeepSPuri @AnilSinghviZEE @SwatiKJain pic.twitter.com/U1nJxdjU1p— Zee Business (@ZeeBusiness) July 12, 2019Pointing towards the benefits of this MoU Pushkar Mukewar, Co-Founder and Co-CEO, Drip Capital said, “Our idea is to create an automated platform that would address the working capital needs of SMEs, not just in India, but across the world. What we want is to level the playing field for SMEs everywhere and give them easy access to trade finance.” He said that the existing paper-based trade finance system is inefficient and biased against smaller exporters. These exporters spend the time they cannot afford in battling bureaucracy and slow processing times, as well as demands for collateral. This is what Drip Capital aims to fix, with its focus on collateral-free, technology-enabled finance. He went on to added that helping SME exporters with trade finance also feeds into a larger goal of giving the country’s overall economy and GDP growth a boost. Multilateral agencies like the World Bank have found that economies gain immensely when trade increases, especially in the MSME sector. Batting for the boost to SME experts Dr. Ajay Sahai, Director General &amp; CEO, FIEO said, “In India, MSMEs contribute to about 50% of the total exports (merchandise as well as services). It is vital that this segment is given a boost. Growth in exports will mean a stronger economy, and this segment has the potential to create more jobs in India.” He said that trade-related challenges cannot be tackled by private companies alone. FIEO is a trade promotion body backed by the government of India and can reach the widest network of exporters in the country. Under the provisions of the memorandum, FIEO, in partnership with Drip Capital, will conduct a series of awareness-raising events among MSME exporters across the country.

In a bid to provide exporters with training in technology and invoice factoring, Drip Capital has signed an MoU with FIEO to boost SME exports.

Big boost for SMEs! FIEO, Drip Capital to power Indian small business exports

news-big-boost-for-smes-fieo-drip-capital-to-power-indian-small-business-exports-105428

FIEO, Drip Capital MoU: In a bid to provide exporters with training in technology and invoice factoring, Drip Capital — a US-based fintech company — has signed a memorandum of understanding (MoU) with the Federation of Indian Export Organisations (FIEO) — the apex body for export promotion set up in partnership with the government of India. The partnership will give small-and medium-sized exporters exposure to fintech solutions, widely considered to be one of the biggest disruptors in cross-border trade. Small exporters, who are often overlooked by banks or are otherwise unable to access the traditional banking system, can leverage these solutions to their benefit. The Drip-FIEO partnership aims to help SME exporters of Indian to understand the available opportunities in a better way. The memorandum was signed by Khalid M Khan, Regional Chairman, FIEO (WR) and Pushkar Mukewar, Co-Founder and Co-CEO, Drip Capital. Speaking about the partnership, Khalid M Khan said, “Technology is an important element of trade finance, as it can reduce the need for red-tape and paperwork. This will help exporters access credit easily, leading to an improvement in export numbers. The memorandum with Drip Capital will allow us to put exporters in touch with financial technology.”  See Zee Business video below: अब से नहीं चलेगी किराएदारों पर मकान मालिक की धौंस! जानिए क्या@FinMinIndia @nsitharaman @MahaRERA @MoHUA_India @HardeepSPuri @AnilSinghviZEE @SwatiKJain pic.twitter.com/U1nJxdjU1p — Zee Business (@ZeeBusiness) July 12, 2019 Pointing towards the benefits of this MoU Pushkar Mukewar, Co-Founder and Co-CEO, Drip Capital said, “Our idea is to create an automated platform that would address the working capital needs of SMEs, not just in India, but across the world. What we want is to level the playing field for SMEs everywhere and give them easy access to trade finance.” He said that the existing paper-based trade finance system is inefficient and biased against smaller exporters. These exporters spend the time they cannot afford in battling bureaucracy and slow processing times, as well as demands for collateral. This is what Drip Capital aims to fix, with its focus on collateral-free, technology-enabled finance. He went on to added that helping SME exporters with trade finance also feeds into a larger goal of giving the country’s overall economy and GDP growth a boost. Multilateral agencies like the World Bank have found that economies gain immensely when trade increases, especially in the MSME sector.  Batting for the boost to SME experts Dr. Ajay Sahai, Director General CEO, FIEO said, “In India, MSMEs contribute to about 50% of the total exports (merchandise as well as services). It is vital that this segment is given a boost. Growth in exports will mean a stronger economy, and this segment has the potential to create more jobs in India.” He said that trade-related challenges cannot be tackled by private companies alone. FIEO is a trade promotion body backed by the government of India and can reach the widest network of exporters in the country. Under the provisions of the memorandum, FIEO, in partnership with Drip Capital, will conduct a series of awareness-raising events among MSME exporters across the country.