Funding News: CapitalXB Raises $15 Million to Boost Trade Finance for Indian SMEs

Startup: CapitalXB

Founders: Taranjit S Jaswal and Ajitabh Bharti

About us: CapitalXB is a fintech platform focused on simplifying and expanding access to trade finance for small and medium enterprises (SMEs) in India. The company leverages technology and data analytics to provide seamless financing solutions that bridge liquidity gaps, enabling businesses to scale operations, manage cash flows efficiently, and participate more actively in global trade.

Founded Year: 2024

Office: Headquartered in Mumbai, India

Sector: Fintech / Trade Finance / SME Lending

Funding Round: Series A

Investors: Accel Partners, Elevation Capital, and other strategic investors

CapitalXB has raised $15 million in a Series A funding round to strengthen its trade finance platform and support more SMEs across India. The funds will be utilized to enhance its credit risk assessment technology, expand partnerships with financial institutions, and scale its presence in key manufacturing and export hubs. With this investment, CapitalXB aims to democratize access to trade finance and empower Indian SMEs to compete globally.

Website: https://www.capitalxb.com