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BlackSoil crosses $300 mn in venture debt deals, predicts robust market

Company that provides debt capital says its assets under management have grown 55% YoY

money, cash, investment, stocks, tax, funds, investors, investment, shares, lenders, lending, loans, funding

BS Reporter Mumbai
BlackSoil, which provides debt capital, said on Thursday it has crossed $300 million in venture deals that help more than 100 companies to build their business.

BlackSoil said it invested $40 million in more than six deals in Q1FY23, posting the highest ever year-on-year (YoY) growth despite broader cyclical volatility and the impact of Covid-19.

“We invested in 2 unicorns in this quarter itself. Our AUM [assets under management] has grown 55% Y-o-Y. Besides, growth across portfolio companies has resulted in 7 successful complete exits during the quarter, as a testament to our underwriting quality. Our investee companies have

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First Published: Aug 25 2022 | 3:05 PM IST

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