BlackSoil raises INR 250 Cr to back growth-stage startups with debt funding
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Mumbai-based debt funding firm BlackSoil has raised INR 250 Cr (around $30 Mn) from family offices, UHNIs/HNIs and investment institutions. The alternative credit platform will target mid and growth-stage startups via its debt products. The debt financing platform last raised INR 110 Cr in November 2020 in the first close of its credit fund.