Blacksoil invests over Rs 160 crore across 8 deals in March quarter
SECTIONS
Share
Synopsis
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.
ET Bureau
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-mar