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Alternative credit platform BlackSoil raises Rs 70 cr through NCDs for NBFC

BlackSoil Capital is an RBI-registered, non-deposit taking NBFC that predominantly operates in the venture debt space

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BS Reporter Mumbai
New-age, sector-agnostic, alternative credit platform, BlackSoil has raised Rs 70 crore through non-convertible debentures (NCDs) for its NBFC. These NCDs are longer tenure products raised from UHNIs, HNIs & Family Offices, of which 65% were repeat investors. BlackSoil Capital is an RBI-registered, non-deposit taking NBFC that predominantly operates in the venture debt space.

The capital raised through the latest fundraise will be deployed predominantly for lending activities, across a variety of debt products, to fund

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