Alternative Credit Platform BlackSoil Raises INR 100 Crore in Equity Funding, To Fuel Growth and Strengthen Borrowing Capacity
BlackSoil, an alternative credit platform and the flagship arm of BlackSoil Group, has made headlines by raising INR 100 crore ($12 million) in equity funding through a rights issue. Existing Indian investors and family offices also participated in the funding round. As per the startup, the freshly raised funds will be […]
BlackSoil Invests $4 Million In Medtech Firm Genworks Health
Genworks Health, a medtech startup, has raised $4 million in a funding round led by BlackSoil Capital. As per the startup, the freshly raised funds will be used to scale the company’s operations and expand its product offerings in the medtech space. Genworks Health | Medical Devices and Consumables Founded […]
Alternative Credit Platform ‘BlackSoil’ Invests Rs 4Cr In Work Fulfilment Platform ‘Awign’
Alternative credit platform BlackSoil has made a Rs 4 crore venture debt funding into Awign Enterprises Private Limited. As per the startup, it will use the funds for working capital requirements and business expansion. Founded by Annanya Sarthak, Gurpreet Singh, and Praveen Sah in 2016, Awign is a Bengaluru-based work […]
BlackSoil Raises Maiden Secured Alternate Investment Fund, Plans To Invest In Startups
BlackSoil, an Alternative credit platform, has raised Rs 110 crore for its maiden secured alternate investment fund (AIF), BlackSoil India Credit Fund (BICF). The platform with this fund aims to solve the problem of access to finance for high-growth innovative companies. Also, BlackSoil will be using the funds to differentiate […]