Advertisements Digital-first, sector-agnostic, alternative credit platform, BlackSoil has raised ~₹180 Crs through non-convertible debentures (NCDs), bank debt & other instruments for its NBFC. The NCDs are 3-year tenure products, raised from UHNIs, HNIs & Family Offices, of which the majority… Read More ›
Venture Debt
BarRaiser secures USD 4.2 Mn in Seed Funding Round
Advertisements BarRaiser, a groundbreaking AI-powered smart interviewing platform, today announced that it has raised $ 4.2 M in seed financing. The seed funding round was led by 021 Capital and Global Founders Capital, with participation from other angel investors. The capital will… Read More ›
Drip Capital Records USD 150 Mn Origination in March
Advertisements Drip Capital, Inc., a leading cross-border digital trade finance platform, is thrilled to announce that its monthly originations have crossed $150 million in March. It is the highest originations by the company in a single month since its inception… Read More ›
BlackSoil Invests USD 80 Mn Across 20 Deals In CY21; Investments Grew By 2.5x
Advertisements In CY2021 BlackSoil has invested over $ 80mn across 20 transactions, a 2.5x and 1.8x growth in terms of value and volume of investments. BlackSoil has leveraged its prudent credit appraisal approach and balance sheet strength coupled with pandemic… Read More ›
Stride Ventures leads INR 7 Crores debt funding round in Sustainable brand Neeman’s
Advertisements Stride Ventures, a leading venture debt firm in India, today announced debt funding of INR 7 crore in Neeman’s, India’s first sustainable footwear brand. With this investment, the venture lending fund with deep relationships across banks and corporates is… Read More ›
Leading OTT player TVF raises USD 2 Mn Debt from BlackSoil to capitalise on the OTT boom in India
Advertisements The Viral Fever (TVF), leading Indian video on demand and over-the-top streaming service has raised $2 Mn debt from Mumbai-based venture debt firm BlackSoil. The company will be using the funds for its working capital requirements on production of web-series and… Read More ›
IIFL Fintech Fund Invests in AI Startup Data Sutram
Advertisements Mumbai, September 30, 2021: IIFL Fintech Fund, one of India’s largest early-stage investors in fintech space today said that it has made an investment in Kolkata-based AI startup – Data Sutram for an undisclosed amount. Data Sutram is an… Read More ›
Meesho raises USD 570 mn funding, valuation more than doubles to USD 4.9 bn
Advertisements Existing investors – Prosus Ventures, SoftBank Vision Fund 2 and Facebook also participated in this round, a statement said. Other new investors include Footpath Ventures, Trifecta Capital, Good Capital and others, it added. In April, Meesho had raised USD… Read More ›
Locale.ai Raises 9.6 crores INR from Chiratae Ventures, Better Capital & in its Seed Round to Help Companies Attain Operational Excellence
Advertisements Bengaluru based Locale.ai, a map based analytics and decision making software to measure fleet performance, user behavior and business health on ground, announced raising $ 1.3mn funding in its seed round from Chiratae Ventures and Better Capital. The round also saw participation from… Read More ›
Stride Ventures announces first close of Stride Ventures India Fund II
Advertisements Stride Ventures, a leading venture lending fund in India, has announced the first close of Stride Ventures India Fund II, securing commitments of INR 550 crores out of its target corpus of INR 1,000 crore, with an additional greenshoe… Read More ›