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Blacksoil invests over Rs 160 crore across 8 deals in March quarter


Alternative credit platform BlackSoil Capital has disbursed over Rs 160 crore through eight transactions through its non-banking finance company (NBFC) and Alternate Investment Fund (AIF) in the March quarter, up 1.2 times from a year ago. The company has registered 3 times growth sequentially.

“The fourth quarter of the last financial year has been extremely fulfilling for us with regards to the prevailing situation in the country. The number truly shows us that the business has started coming back to track and started adapting to the new normal. We take advantage of our deep know-how to identify future bankable companies as well as offering structured credit solutions for next-gen SME & mid-market companies,” said Ankur Bansal, Director of BlackSoil.

Over the years, BlackSoil’s focus has been increasingly towards venture debt to VC-backed growth companies & structured debt to growth small and medium enterprise (SME) companies.

This pool accounted for nearly 80% of the disbursements over the last two years. BlackSoil has been sector agnostic and has funded companies in B2C & B2B e-commerce,

, healthcare, SAAS, education, logistics space.

BlackSoil currently manages an alternative credit platform comprising an RBI registered NBFC and three SEBI registered AIFs. It has disbursed over Rs 2, 000 crore and recently raised Rs 125 crore in the first close for its maiden secured BlackSoil India Credit Fund. Its portfolio includes OYO, Spinny, Purplle, Zetwerks, Vogo, LetsTransport, EarlySalary and iNurture amongst others.



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