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Executive Movements

BlackSoil appoints Somaira Khan as SVP – HR

BlackSoil, an alternative investment platform, announced the appointment of Somaira Khan as Senior Vice President – Human Resources, according to ETHRWorld report. Khan comes with 15 years of HR experience. Previously, she worked at Emirates National Bank of Dubai, Avista Advisory, True North and Michael Page. BlackSoil has also appointed Aditya Sarda and Vaibhav Nigam […]

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Investment

Mumbai-based drone startup ideaForge raises $2 mn from BlackSoil

ideaForge Technology, India’s largest manufacturer of drones for defence and industrial applications, announced it has raised $2 million from BlackSoil. The startup has so far raised around $15 million from US-based WRVI Capital, Qualcomm and Infosys, according to VCCEdge. Last month, ideaForge  raised $1 million from IT major Infosys. Recently, it received a $20 million […]

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Investment

Mumbai-based BlackSoil raises Rs32 cr through non-convertible debentures

BlackSoil, a venture debt platform, announced it has raised Rs 32 crore through non-convertible debentures.   The three-year NCDs were issued to more than 60 investors on a private placement basis. The company said 70% of the funds were raised from existing investors.  Ankur Bansal, cofounder of Mumbai-based BlackSoil Group, said, “In the present scenario of […]

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Investment

iNurture raises Rs10 cr debt funding from Mumbai-based BlackSoil

iNurture Education Solutions, a Bengaluru-based ed-tech startup that provides formal higher education programmes in India, announced that it has raised Rs 10 crore in debt funding from Mumbai-based new-age venture debt platform, BlackSoil. This is in addition to the undisclosed amount of equity capital the company is raising from its existing investors.  The Ed-tech startup […]

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Investment

LetsTransport secures Rs10 cr investment from Blacksoil Capital

LetsTransport, a Bengaluru-based logistics solution provider, announced that it has raised Rs 10 crore funding from Blacksoil Capital. Recently, the company had raised an investment of Rs 13 crore from InnoVen Capital. Founded in 2015 by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher, LetsTransport offers customized logistics solutions for clients, along with other […]