Debt funding firm BlackSoil raised $30 million from UHNIs/HNIs and investment institutions

Share via:

Debt funding firm BlackSoil raised $30 million from family offices, UHNIs/HNIs and investment institutions. The alternative credit platform will target mid and growth-stage startups via its debt products.

BlackSoil is a sector-agnostic credit platform with an NBFC and four AIFs that has participated in over 130 transactions and deployed more than $300 million. During FY22, the debt financing platform invested more than $90 million in 30 companies from various industries. So far, BlackSoil has invested in nine unicorns, including Purplle, OYO Rooms, Udaan, and others.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

Debt funding firm BlackSoil raised $30 million from UHNIs/HNIs and investment institutions

Debt funding firm BlackSoil raised $30 million from family offices, UHNIs/HNIs and investment institutions. The alternative credit platform will target mid and growth-stage startups via its debt products.

BlackSoil is a sector-agnostic credit platform with an NBFC and four AIFs that has participated in over 130 transactions and deployed more than $300 million. During FY22, the debt financing platform invested more than $90 million in 30 companies from various industries. So far, BlackSoil has invested in nine unicorns, including Purplle, OYO Rooms, Udaan, and others.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

LockBit claims cyberattack on India’s national aerospace lab

The notorious ransomware gang LockBit has claimed responsibility for...

Exicom, India’s EV Charger Leader, expands into the UK...

Exicom, India’s largest EV charger manufacturer and a trusted...

KyberSwap DEX hacker sends an on-chain message: Be nice,...

The exploiter behind the $46 million KyberSwap hack says...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!