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…
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…
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…
iNurture Education Solutions Pvt. Ltd, a Bengaluru-based ed-tech startup that provides formal higher education programmes in India, announced that it has raised $4 million from Kimera Ltd, a Dubai-based family office, according to a VCCircle report. The company is backed by other investors that include Bertelsmann India Investments, Ascent Capital, BlackSoil Capital Pvt. Ltd and…
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…
Holisol Logistics, a leading supply chain and logistics enterprise, has raised Rs 20 crore in asset finance from Mumbai-based NBFC BlackSoil Capital. The company was founded by Manish Ahuja, Naveen Rawat and Rahul S Dogar in 2009. Earlier, the company had raised equity capital from CLSA and Datavision. It is understood that the funds will…