logo
logo

BlackSoil raises Rs 100 crore in equity funding to enhance credit profile and strengthen borrowing capacity.

Mar 11, 2024over 1 year ago

Amount Raised

$100 Million

MumbaiLendingFintechFinanceFinancial Services

Investors

Florintree AdvisorsMahavir AgencyNavneet EducationAllcargo Logistics

Description

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 Information

Company

BlackSoil

Location

Mumbai, Maharashtra, India

About

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.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People