Blacksoil Capital

Alternative credit NBFC BlackSoil Capital raises ₹65 crore from FMO

With this equity round, BlackSoil Capital further consolidates its position as a specialised, institution-grade lender

Blacksoil targets Rs 500 crore final close for second credit fund

The firm has already secured Rs 300 crore and aims to achieve the full target within the next 6 to 9 months, according to Ankur Bansal, Managing Director (MD) of BlackSoil

BS BFSI Summit: Public listings allow profitable exits for PEs, say experts

Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit

Blacksoil disburses over Rs 220 crore in Q1 FY25, AUM increases 40%

The company added that its portfolio firms collectively raised Rs 541 crore in Q1 FY25

BlackSoil raises over Rs 200 cr debt in H1CY24, with 60% from new lenders

The firm said about 60% of the total debt funding raised during the first six months of 2024 came from new debt investors

BlackSoil's FY24 disbursement grows 40%; firm exited 18 deals, entered 36

The company's year-on-year disbursement grew by 110%, and its Assets Under Management (AUM) increased by nearly 50 per cent year-on-year

Alternative credit platform BlackSoil raises Rs 100 cr via rights issue

Alternative credit platform BlackSoil on Monday said it has raised Rs 100 crore, from existing investors and promoters, through a rights issue. BlackSoil is backed by investors and family offices of Allcargo Logistics, Navneet Education, Mahavir Agency, and Mathew Cyriac-led Florintree Advisors. The company didn't disclose the ownership structure post the issue but said the latest funding round marks the fourth capital infusion within eight years, bringing its total equity raise to over Rs 250 crore. Additionally, it has secured debt financing of over Rs 1,700 crore from HNIs, banks and other NBFCs. BlackSoil provides customised alternative credit solutions to growth companies, financial institutions, Non-Banking Financial Companies (NBFCs) and Micro, Small and Medium Enterprises (MSMEs) across diverse sectors. BlackSoil has surpassed Rs 5,000 crore disbursement across 214 deals by December 2023. Its portfolio includes investments in high-growth businesses such as Ideaforge, Upsto

Banks are catching up with fintech companies: BlackSoil co-founder

ANKUR BANSAL, co-founder and director of BlackSoil, feels that fintech will see a shakeout even as regulations bring in more clarity enabling the sector to grow

Alternative debt provider BlackSoil sees 44% jump in investment in 2023

Bansal also said that the risk is getting blurred between equity and debt as entrepreneurs are unable to raise funds via equity

Alternative credit firm BlackSoil says FY23 investments grew 55% YoY

Mumbai-based says it is helping start-ups as funding winter continues for sector

Mumbai-based alternative credit platform BlackSoil raises $25 mn

BlackSoil, a Mumbai-based alternative credit platform, on Tuesday said it has raised over USD 25 million (about Rs 205 crore) through its diverse debt products. The platform secured funding from banks, family offices, corporate treasuries, and high-net-worth individuals, the company said in a statement. This recent capital raise is in addition to the USD 35 million raised during the first half of FY23. "The rise of alternative credit has become a crucial factor in enabling growth for Indian startups, and BlackSoil intends to remain a preferred lender to support their expansion," the company said. Some of the investments BlackSoil made in the year include new-age sectors such as battery swapping (Battery Smart), OTA travel (Yatra.com), discount broking (Upstox), healthtech (HealthPlix), deeptech (Tonbo Imaging) and fintech unicorn (MobiKwik), the statement said. BlackSoil has deployed USD 270 million across 135 deals and having an AUM (Asset Under Management) of USD 90 million. Th

Venture debt platform Blacksoil announces raising $25 mn in fresh capital

Company says it start-ups looking for support amid funding winter are turning to venture debt

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

Alternative credit platform BlackSoil raises Rs 70 cr through NCDs for NBFC

BlackSoil Capital is an RBI-registered, non-deposit taking NBFC that predominantly operates in the venture debt space

Venture debt firm BlackSoil provides Rs 35 cr growth capital to 5 startups

Investor says unique business positioning of the five firms and ability to survive through adversities like Covid is what made them attractive propositions for BlackSoil

BlackSoil invests Rs 20 cr across 3 deals in Loanzen, SVCL and CMS IT Svcs

BlackSoil currently manages an alternative credit platform consisting of an RBI-registered NBFC and three SEBI-registered AIFs

Blacksoil Capital lends Rs 15 cr to online fashion retailer eShakti

eShakti customises mainstream fashion clothing for American women offering dresses, tops, skirts and pants