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.
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With the holiday spirit in full swing, here's how we celebrated the festive season with our team🎄❄️🎁. Cheers to new beginnings, new achievements, and an exciting year ahead! 🥂✨ Somaira Khan | Tanisha R | Aaisha Ansari | Ankur Bansal | Mohinder Pal Bansal
Drones are revolutionising India's industries! From agriculture to logistics, these flying marvels are creating employment opportunities, empowering rural communities, and driving scalable growth. With over 21,000 drone pilots certified in 2024, initiatives like the Namo Drone Didi scheme and training programs in Tier II & III cities, India is bridging skill gaps, empowering communities and unlocking new possibilities. As Surabhi Sanyukta, VP - Investments at BlackSoil, highlights, "By focusing on Tier II and III cities, these programs are creating pathways for scalable growth, especially for startups introducing drone-as-a-service models to reduce upfront costs." Dive into Pooja Malik's article in YourStory Media to explore how drones are shaping India's future! https://lnkd.in/g85n-vfh Soumita Ghorui | Himanshu Gakhar
Mansi Verma's story in today's Mint highlights how venture debt has become a game-changer for Fintechs amidst a 38% drop in equity funding this year. Startups raised $671.1M through 49 venture debt rounds in fintech—more than doubling from 2023—pushing total venture debt funding in India to $1.48B, up 10% in 2024. "Venture debt offers capital efficiency, avoids dilution, and ensures fiscal prudence," said Ankur Bansal, Managing Director of BlackSoil, noting a 15-20% YoY rise in demand. "With Fintechs becoming profitable and scaling well, we are confident to lend even as VC activity slows," added Apoorva Sharma, Managing Partner at Stride Ventures . Read the full story in Mint for more insights: https://lnkd.in/ggidrZ9K Soumita Ghorui | Himanshu Gakhar #VentureDebt #Fintech #StartupFunding #Mint
As the year draws to a close, we at BlackSoil want to extend our heartfelt gratitude to our partners, clients, and team for their support and trust throughout the year. 🤝🙏 Wishing you and your loved ones a Merry Christmas and a Happy New Year! 🎄🎊 May this festive season bring joy, peace, and prosperity, and may the coming year be filled with new opportunities and success for all. ✨✨ Here’s to a wonderful holiday season and an even brighter year ahead! 🎉
India stands at the cusp of a new growth era, with emerging industries like DeepTech, ClimateTech, HealthTech, Agritech, and FinTech 2.0 leading the charge. These sectors are redefining possibilities and creating exciting opportunities for investors and entrepreneurs alike, reported Prince Kariappa in a recent story in Entrepreneur India. Ankur Bansal, Managing Director at BlackSoil, remarks, "India's 2025 investment hotspots are DeepTech and ClimateTech, both poised for significant growth. With supportive policies, ClimateTech is accelerating clean-tech adoption, while DeepTech, powered by AI and advanced technologies, is set to revolutionise industries globally." For more insights into the future of venture capital in India, read the thoughtful piece by Kariappa. https://lnkd.in/gh_ePZpE #VentureCapital #Innovation #EmergingSectors #DeepTech #ClimateTech #BlackSoil #IndiaStartups
We are thrilled to celebrate Santosh Patil’s 8th work anniversary at BlackSoil! 🎉 Santosh began his journey with us in December 2016 as an Accounts Officer and, through consistent dedication and excellence, has risen to the role of AVP - Accounts & Finance. His meticulous attention to financial details, expertise in accounting processes, and strong leadership have been instrumental in driving the success of our finance operations. Thank you, Santosh, for your unwavering commitment and hard work. Your contributions continue to inspire us, and we are excited about the milestones we will achieve together in the years to come. Here’s to many more years of success and growth! 🤝✨ Mohinder Pal Bansal | Ankur Bansal | Anuj Gothi | Somaira Khan | Tanisha R #WorkAnniversary #TeamBlackSoil #Leadership #FinanceExcellence #GrowthJourney #BlackSoil
Today marks an extraordinary milestone for our portfolio company, MobiKwik! ✨ We heartily congratulate the entire MobiKwik team on their successful stock market debut. 🎉 The exceptional 120x oversubscription of their ₹572 crore IPO is a testament to the incredible vision, innovative spirit, and robust financial fundamentals that MobiKwik has built over the years. This remarkable achievement reflects not just the company's current strength but also the immense potential of India's fintech ecosystem. As a proud investor and partner, BlackSoil has always believed in MobiKwik's transformative approach to digital financial services. Their journey from a pioneering digital wallet to a comprehensive fintech platform exemplifies the kind of entrepreneurial excellence we strive to support. We look forward to witnessing MobiKwik's continued growth and impact, as they play a pivotal role in advancing financial inclusion and digital payments across India. Congratulations once again on this momentous occasion!🚀 Upasana Taku | Bipin Preet Singh | Ankur Bansal | Surabhi Sanyukta | Amruta Maheshwari | Kashmita Mehta | Mrinall Dey (He/Him) | Soumita Ghorui | Chirag Shah | Anand Kumar #MobiKwik #PortfolioSuccess #IPO #Fintech #StartupSuccess #BlackSoil #PortfolioIPO
15 years of building for Bharat with the dream of financial inclusion. As we mark the milestone of our IPO launch, we stand humbled. Thank you India, for believing in our vision. #IPO #MobiKwikIPO #IPOListing #IPOAlert
✨Fund Highlights✨ We are excited to share that our second fund, BlackSoil India Credit Fund II, is targeting a final close at ₹500 crore, with ₹300 crore already secured. We are confident in achieving this milestone within the next 6-9 months. Our journey began with our first credit fund, BlckSoil India Credit Fund (BICF), in 2020, which raised ₹280 crore and deployed ₹540 crore over nearly four years, leveraging a redeployment strategy to reinvest returns. We have returned 75% of the principal to our investors and are now transitioning into the capital return phase. As Ankur Bansal, our MD, highlighted in his recent interview with Business Standard, BlackSoil's growth story is driven by strong demand for private credit as an efficient and scalable financing solution. While challenges like recovery delays and limited institutional participation persist, we remain steadfast in addressing these gaps and growing awareness about private credit opportunities in India. Thank you, Jaden Paul, for covering BlackSoil India Credit Fund's journey and shedding light on this dynamic sector! Chirag Shah | Manish Srivastava | Sandeep Anand Shaw | Soumita Ghorui | Kosha Bhalavat #BlackSoilIndiaCreditFund #BICF #PrivateCredit #CreditFund #AlternativeCredit #ImpactInvesting
Alternative credit platform BlackSoil is targeting a final close of its second fund, BlackSoil India Credit Fund II, at Rs 500 crore. The firm has already secured Rs 300 crore and aims to achieve the full target within the next 6 to 9 months, Ankur Bansal , managing director (MD) of BlackSoil , told Business Standard. https://lnkd.in/gH8kkrfB
🌍 Panel Discussion: Investors Speak – Driving Financial Inclusion & Growth in India 🌱 Leading investors convened at the GIFS 2024 to share insights on advancing financial inclusion and fostering economic growth in India. Moderated by Abhishek Anand, Partner at MSC (MicroSave Consulting), the session highlighted actionable strategies for aligning investments with financial inclusion goals while maximising social and economic impact. Key Takeaways from the Session: ✔️Investment Trends – Panelists discussed the growing role of fintech and microfinance in scaling innovative solutions and funding underserved populations, particularly in rural and semi-urban India. ✔️The evolving microfinance landscape – Consolidation through IPOs and mergers is unlocking scalability and liquidity, enabling greater outreach to underserved communities. ✔️ Sustainability Matters – The integration of ESG principles is shaping impactful investment strategies, focusing on climate resilience, gender equity, and community development. ✔️ Collaborative Models – Fintechs, banks, and other stakeholders must leverage technology-driven partnerships to deliver equitable financial access efficiently. ✔️ Empowering MSMEs – Emerging opportunities in secured MSME financing, vehicle financing, and climate-focused lending are driving growth while reducing risk. ✔️ Social and Economic Returns – Aligning capital with financial inclusion goals can unlock significant potential for creating equitable access and delivering sustainable outcomes. Speaker Highlights: 🔸 "Innovation and adaptability are key. By recalibrating our strategies, we can unlock new growth opportunities while addressing critical societal needs." – Ankur Bansal, Managing Director, BlackSoil 🔸 "Microfinance is not just about loans; it’s about empowerment. With the right scale and liquidity opportunities, we can create far-reaching impact." – Aditya Mohan, Investment Officer, FMO - Dutch entrepreneurial development bank 🔸"Collaboration is the way forward. By aligning with the right technology partners, we can deliver financial access effectively, even in challenging times." – Akshay Gujar, National Business Manager, AU SMALL FINANCE BANK This insightful discussion emphasised the critical role of investors in fostering financial inclusion and equitable economic growth. Together, we can bridge gaps and create a more inclusive and sustainable future for all. #FinancialInclusion #InclusiveGrowth #Microfinance #ImpactInvesting #GlobalInclusiveFinanceSummit2024 #AccessDevelopmentServices #InvestorsSpeak
Investors Speak – Driving Financial Inclusion and Growth in India This session brought together leading investors to discuss advancing financial inclusion and fostering economic growth in India. Panelists explored investment trends, the role of fintech and microfinance, and the importance of ESG principles in shaping sustainable, impactful investment strategies. They provided actionable insights on scaling innovative solutions, funding underserved populations, and aligning capital with financial inclusion goals to drive equitable access and maximize social and economic returns. BlackSoil Northern Arc Capital FMO Investment Management Vipin Sharma Puja Gour Suvendu Rout Shubhendu Dash Sudipto Saha Teresa Khanna Akash Shrivastava Satyan Kumar For further inquiries, contact akash@accessdev.org / satyan@accessdev.org #GlobalInclusiveFinanceSummit2024 #GIFS2024 #RegisterNow #FinancialInclusion
Day 2: Wrapping Up the Global Inclusive Finance Summit 2024 🏁🤝 As we concluded the Global Inclusive Finance Summit 2024, the final day was nothing short of inspiring. Every conversation was a testament to the power of collective vision and purpose. The BlackSoil team spent the day immersed in rich dialogues with an incredible ecosystem of change-makers – from visionary investors and forward-thinking lenders to innovative startup founders. What struck us most was the underlying current of purpose that ran through every interaction. Beyond business cards and potential collaborations, each conversation circled back to a singular, powerful theme: creating meaningful impact. Whether discussing financial inclusion, sustainable growth, or emerging opportunities, the commitment to driving positive change was palpable. The energy was electric – a reminder that in the world of inclusive finance, we are not just building businesses, we are building opportunities. Grateful for the connections, the insights, and the shared commitment to making a difference. Special thanks to ACCESS Development Services and Department of Financial Services for organising an event that brings together the brightest minds in inclusive finance. Ankur Bansal | Chirag Shah | Manish Srivastava | Neelam Pandita | Soumita Ghorui | Tarun Kumar | Akash Shrivastava #FinancialInclusion #Networking #Impact #GlobalInclusiveFinanceSummit2024 #BlackSoil