BlackSoil Capital funding, investors and company details

BlackSoil Capital is an emerging Banking and Finance startup from Mumbai, working in the space of Alternative credit platform and non-banking financial company. Founded by Ankur Bansal.

Company: BlackSoil Capital Private Limited
Sector: Banking and Finance
Location: Mumbai
Founders: Ankur Bansal

Company overview

BlackSoil Capital is an alternative credit platform and non-banking financial company that provides customised debt solutions to startups, MSMEs, and emerging financial institutions that are underserved by traditional banks. Through its NBFC and SEBI-registered AIF, it offers venture debt, structured credit, supply chain finance (via SaralSCF), and onward lending to support working capital, growth, and acquisition needs without equity dilution. The merged BlackSoil–Caspian entity focuses on sectors such as fintech, agritech, healthcare, climate tech, and consumer services, with a portfolio spanning hundreds of borrowers across India.

Funding rounds

Latest round: ₹200.00 Cr. ($ 21.68 Mn), 2026-03-19. Investors: The Danish Investment Fund for Developing Countries
Past round: ₹65.00 Cr. ($ 7.15 Mn), 2025-12-09. Investors: Dutch development bank FMO, Caspian Impact Investments
Past round (Debt): ₹200.00 Cr. ($ 23.89 Mn), 2024-07-19
Past round: ₹100.00 Cr. ($ 12.00 Mn), 2024-03-11. Investors: Mahavir Agency, Navneet Education, Mathew Cyriac (Florintree Advisors)
Past round: $ 25.00 Mn (₹204.30 Cr.), 2023-04-05