BlackSoil raises Rs 100 crore in equity funding to enhance credit profile and strengthen borrowing capacity.
BlackSoil raises Rs 100 crore in equity funding to enhance credit profile and strengthen borrowing capacity.
03/11/24, 7:24 AM
Location
Money raised
$100 million
Industry
lending
fintech
finance
financial services
Investors
Florintree Advisors, Mahavir Agency, Navneet Education, Allcargo Logistics
BlackSoil, the alternative credit platform, raised Rs 100 crore in equity funding through a rights issue with participation from existing Indian investors and family offices. The funds will be used to enhance the credit profile and strengthen borrowing capacity.
Company Info
Location
mumbai, maharashtra, india
Additional Info
BlackSoil was founded in 2010 with the single mission of pioneering unique advisory & financing solution for developers, startups & high growth companies. We have worked with companies at all stages of development through structured lending, fund raising, restructuring etc. The common threads of our approach include operational flexibility, patience, and commitment to creating value. BlackSoil takes both a credit and an equity view on each financing situation, offering quick feedback on any deal proposal through its different verticals – investing without time-consuming audits & substantial equity dilution. The BlackSoil team has the experience to understand what companies across all stages require, and is able to provide advisory & debt funding facilities that meet the real-world demands of growing businesses and equity sponsors and investors.