Download App

Startup Showcase

Join our whatsapp channel for quick updates

Switch theme

Blog . Feedback . Privacy

© 2024 Medial Tech Pvt. Ltd.

News on Medial

BlackSoil invests over Rs 350 Cr in 11 new deals in Q2 FY24

YourStory

YourStory · 1y

BlackSoil invests over Rs 350 Cr in 11 new deals in Q2 FY24

Alternative credit platform BlackSoil has deployed $44 million across 11 new deals in Q2 FY24. The company recently raised $40 million in debt from investors, including HNIs, ultra-HNIs, family offices, and corporates. The funds were secured through various financial instruments, and the company added four lenders in Q2 FY24. BlackSoil's portfolio investment in Q2FY24 grew by 33% YoY, and around 65% of the current portfolio is EBITDA positive. Notable additions to the portfolio include Cellecor, Freight Tiger, Stashfin, Credright, Svasti MFI, and Kenko.

1

Comments

The next billionaire

The next billionaireUnfiltered and real talk only....

👍🏼

Reply

0

1 year ago

The next billionaire

The next billionaireUnfiltered and real talk only....

🚀🚀🚀

Reply

0

1 year ago

More Like this

BlackSoil invests over $30M in six new deals in Q3 FY24

BlackSoil invests over $30M in six new deals in Q3 FY24

BlackSoil NBFC raises $12 Mn equity capital from existing backers

BlackSoil NBFC raises $12 Mn equity capital from existing backers

BlackSoil NBFC raises $12 mn from rights issue to family offices

BlackSoil NBFC raises $12 mn from rights issue to family offices

BlackSoil deploys Rs 220 Cr, sees 40% AUM growth in first quarter

BlackSoil deploys Rs 220 Cr, sees 40% AUM growth in first quarter

BlackSoil NBFC raises over Rs 200 Cr debt

BlackSoil NBFC raises over Rs 200 Cr debt

Ixigo ends Q2 FY25 with Rs 206 Cr revenue and Rs 13 Cr PAT

Ixigo ends Q2 FY25 with Rs 206 Cr revenue and Rs 13 Cr PAT

Startup funding down 80% to $144 million this week

Startup funding down 80% to $144 million this week

Delhivery posts Rs 2,188 Cr revenue and Rs 10 Cr PAT in Q2 FY25

Delhivery posts Rs 2,188 Cr revenue and Rs 10 Cr PAT in Q2 FY25

Ratan-Tata backed CashKaro crosses Rs 250 Cr revenue in FY23

Ratan-Tata backed CashKaro crosses Rs 250 Cr revenue in FY23

BlackSoil NBFC raises $12M in equity capital from existing backers

BlackSoil NBFC raises $12M in equity capital from existing backers

Top Users

Trending Posts on Medial

Zomato has reduced their discounts significantly. All these marketing gimmicks are just to divert ou ....

My 2 cents on Deepinder Goyal’s Chief of Staff post. When a founder of a stock market listed Unico ....

Deepinder Goyal closes the applications and say that’s the 20L pay was just to filter good and serio ....

😏 ....

hi everyone I'm new here, hope I'm welcomed ....

What about developing a platform that helps people find plumbers , masons , carpenters in their near ....

REDEVELOPED THE POPULAR RETRO VEHICLES DESIGN WITH NEW ENGINE FOR THE BETTER TRIBUTE TO OLD VEHICLE ....

How would you Solve this problem- Assume you are the founder of Zomato, and you launch this feature ....

What about Developing an Ai enabled smart water bottle that can adjust water temperature according t ....

After Hood, I saw most fake reviews for Fluttr app. Pathetic. 🙆🙆 ....

Download the medial app to read full posts, comements and news.