BlackSoil, which provides debt capital, said on Thursday it has crossed $300 million in venture deals that help more than 100 companies to build their business.
BlackSoil said it invested $40 million in more than six deals in Q1FY23, posting the highest ever year-on-year (YoY) growth despite broader cyclical volatility and the impact of Covid-19.
“We invested in 2 unicorns in this quarter itself. Our AUM [assets under management] has grown 55% Y-o-Y. Besides, growth across portfolio companies has resulted in 7 successful complete exits during the quarter, as a testament to our underwriting quality. Our investee companies have