BlackSoil Capital NBFC raises Rs 25 Cr via NCD

Date posted: Wednesday 26 August 2020

Credit platform Blacksoil Capital has raised Rs 25 Cr from 60+ investors through private placement of Non-convertible Debentures (NCDs), which is issued for a tenor of three years. Structured as an NBFC, BlackSoil focus primarily on venture debt as well as structured and real estate debt. BlackSoil’s focus has now shifted to sectors that it expects will rebound faster in the post-COVID-19 era such as healthcare, SaaS, logistics, edtech, agri among others.

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