About BlackSoil
BlackSoil is a company based in Mumbai (India) founded in 2010 by Ankur Bansal and Mohinder Pal Bansal.. BlackSoil has raised $36.28 million across 7 funding rounds from investors including Allcargo Logistics, Navneet Publications and Florintree. The company has 10 employees as of March 23, 2024. BlackSoil has completed 1 acquisition, including Saraloan. BlackSoil offers products and services including Alternative Credit Platform and SaralSCF. BlackSoil operates in a competitive market with competitors including FlexiLoans, DMI Finance, Oxyzo, Bizongo and Clix Capital, among others.
- Headquarter Mumbai, India
- Employees 10 as on 23 Mar, 2024
- Founders Ankur Bansal, Mohinder Pal Bansal
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Blacksoil Asset Management Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.6 M (USD)28.34as on Mar 31, 2022
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Net Profit
$121.62 K (USD)-63.09as on Mar 31, 2022
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EBITDA
$-89.55 K (USD)-114.33as on Mar 31, 2022
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Total Equity Funding
$36.28 M (USD)
in 7 rounds
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Latest Funding Round
$7.2 M (USD), Series C
Dec 09, 2025
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Investors
Allcargo Logistics
& 6 more
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Employee Count
10
as on Mar 23, 2024
- Investments & Acquisitions
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Products & Services of BlackSoil
BlackSoil offers a comprehensive portfolio of products and services, including Alternative Credit Platform and SaralSCF. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for debt funding to underserved businesses and startups
Fintech platform streamlining digital supply chain lending processes
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Funding Insights of BlackSoil
BlackSoil has successfully raised a total of $36.28M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $7.2 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series C — $7.2M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series C - BlackSoil | Valuation | FMO | |
| Mar, 2024 | Amount | Series C - BlackSoil | Valuation |
investors |
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| Mar, 2024 | Amount | Debt – Conventional - BlackSoil | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BlackSoil
BlackSoil has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Allcargo Logistics, Navneet Publications and Florintree. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Privat equity firm
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Founded Year | Domain | Location | |
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location | |
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Multi-modal freight transportation, warehousing, and logistics services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BlackSoil
BlackSoil has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Saraloan. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform for business loans
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BlackSoil
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blacksoil Comparisons
Competitors of BlackSoil
BlackSoil operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FlexiLoans, DMI Finance, Oxyzo, Bizongo and Clix Capital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Business loans and financial products for MSMEs are provided.
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| domain | founded_year | HQ Location |
Personal, MSME, consumption, and EV loans are provided digitally.
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| domain | founded_year | HQ Location |
Financial solutions including loans are provided for SMEs and corporates.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| domain | founded_year | HQ Location |
Lending platform for consumers and businesses is provided.
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| domain | founded_year | HQ Location |
Financial services are provided, specializing in personal and business loans.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blacksoil
Frequently Asked Questions about BlackSoil
When was BlackSoil founded?
BlackSoil was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is BlackSoil located?
BlackSoil is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is BlackSoil a funded company?
BlackSoil is a funded company, having raised a total of $36.28M across 7 funding rounds to date. The company's 1st funding round was a Series C of $12.08M, raised on Jul 26, 2018.
How many employees does BlackSoil have?
As of Mar 23, 2024, the latest employee count at BlackSoil is 10.
What is the annual revenue of BlackSoil?
Annual revenue of BlackSoil is $1.6M as on Mar 31, 2022.
What does BlackSoil do?
BlackSoil was founded in 2010 in Mumbai, India, as a venture capital firm specializing in private debt for growth-stage businesses. Alternative financing is offered to companies underserved by traditional banks, enabling accelerated market expansion, sustained growth, and reduced reliance on equity for working capital. Operations focus on high-performing firms in various sectors, with debt solutions tailored to their funding needs.
Who are the top competitors of BlackSoil?
BlackSoil's top competitors include InCred, FlexiLoans and Yubi.
What products or services does BlackSoil offer?
BlackSoil offers Alternative Credit Platform and SaralSCF.
How many acquisitions has BlackSoil made?
BlackSoil has made 1 acquisition, including Saraloan.
Who are BlackSoil's investors?
BlackSoil has 7 investors. Key investors include Allcargo Logistics, Navneet Publications, Florintree, MAHAVIR AGENCIES, and Mathew Cyriac.
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