Team StartupCity

• CapitalXB raises $15 million in seed funding led by Nicolas Walewski.
• Funds to expand lending capacity and tech infrastructure.
• Aims to reduce India’s $525 billion trade finance gap.

Mumbai-based trade finance startup CapitalXB has raised $15 million in seed funding, combining debt and equity, to enhance its lending strength and digital infrastructure. The round was led by Nicolas Walewski, founder of London-based Alken, who invested in a personal capacity.

CapitalXB provides invoice discounting, factoring, and supply chain financing solutions for small and mid-sized enterprises (SMEs). It also operates on the RBI-regulated TReDS platform, helping MSMEs access working capital efficiently.

The company plans to use the new funding to expand across India’s manufacturing and trade sectors, supporting SME-driven growth. CapitalXB aims to address India’s $525 billion trade finance shortfall, offering fast and reliable access to credit.

Taranjit S Jaswal, Managing Director and CEO of CapitalXB, said, “India's SMEs are ready for strong growth. This funding helps us become the preferred financing partner for businesses fueling the country’s manufacturing and export economy”.

Ajitabh Bharti, Co-Founder of CapitalXB, added that the company evaluates businesses based on transaction strength and potential, rather than traditional collateral-based models.

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Walewski noted that CapitalXB is “bridging a vital gap in India’s trade finance system through innovative, SME-focused solutions”.

CapitalXB Finance operates as an NBFC-Factor licensed by the RBI. Competing in the growing TReDS market, it joins major players like M1xchange, A.TREDS, and RXIL, which together process transactions worth over Rs 25,000 crore each month.