BlackSoil

Blacksoil Advisory is an independent boutique advisory firm. BlackSoil was founded 2010 with the single mission of pioneering unique advisory and financing solution for developers, startups and high growth companies. BlackSoil takes both a credit and an equity view on each financing situation, offering quick feedback on any deal proposal through its different verticals – investing without time-consuming audits and substantial equity dilution. The BlackSoil team has the experience to understand what companies across all stages require, and is able to provide advisory and debt funding facilities that meet the real-world demands of growing businesses and equity sponsors and investors.

Ankur Bansal

Co-Founder and Executive Director

Past deals in Chad

eShakti.com Pvt Ltd

Debt Financing in 2017
eShakti.com Pvt Ltd manufactures custom clothing for women in India and internationally. The company offers dresses, tops, shirts, jackets, denims, pants, occasion and work wear, and more; and gift cards. It allows users to choose and customize their designs, and measurements. The company offers its product online. eShakti.com Pvt Ltd was founded in 1999 and is based in Chennai, India with a design studio in New York, New York.

Aviom India Housing Finance

Debt Financing in 2021
AVIOM India is an Affordable Housing Finance company facilitating families in mostly semi urban areas in realising their dream of owning their first home. They provide financial assistance for home buying, improvement, extension and construction to families from semi-formal, informal sectors. AVIOM provides home loan without any income documents. Their first loan applicant is Woman, having an average combined family .

Mahaveer Finance

Convertible Note in 2021
Mahaveer Finance is Non-Banking Finance Company based out of Chennai. It is currently managed by Mr. Dugar and his sons Deepak Dugar and Praveen Dugar. The company predominantly finances used commercial vehicles in the regions of Tamil Nadu, Puducherry and Andhra Pradesh through a network of 20 branches. Mahaveer focuses on standalone owner-drivers operating in the small commercial vehicle segment and finances in Tier-II and III locations. Company has a keen focus on customer retention with the intent of growing with the customer and creating multiple financing opportunities during the life cycle of a customer. Mahaveer has established rigorous credit controls, portfolio monitoring systems and loan recovery systems, which reflects in its gross NPA levels which are much lower than industry benchmarks. At the same time the Company has attractive operating metrics with yields of about 23%.

GENWORKS Health Private Limited

Debt Financing in 2021
GENWORKS is a healthcare initiative for delivering quality healthcare in India through enhanced awareness and affordable technology.

Udaan

Debt Financing in 2021
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce. Udaan chat feature allows you to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers & sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs. Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.

HealthPlix Technologies Pvt. Ltd.

Debt Financing in 2023
HealthPlix Technologies Pvt. Ltd. develops a mobile health application that organizes diabetes care for the patients, enables the patients to follow diabetes self-management steps, and helps transform the doctor-patient interaction. The company through its application Healthplix EMR also provides e-prescription, pharmacy, and billing solutions. It auto-analyzes laboratory reports and test clinical hypothesis. The company caters to both patients and healthcare sector. HealthPlix Technologies Pvt. Ltd. was incorporated in 2014 and is based in Bengaluru, India.

Freightwalla

Debt Financing in 2021
Freightwalla is an international forwarder thats helps you manage supply chain by providing online tools including instant quotations for shipments.

GENWORKS Health Private Limited

Venture Round in 2023
GENWORKS is a healthcare initiative for delivering quality healthcare in India through enhanced awareness and affordable technology.

Melorra

Series C in 2019
Melorra is an operator of an online jewelry store that is used to offer contemporary jewelry. Its jewelry is made for contemporary wardrobe and uses a hundred percent 3D printing to provide an accurate and elegant finish to products that enable customers to access trendy jewelry at an affordable price. Melorra’s fashion stylists and jewelry designers work together to create jewelry in line with the global fashion trends week on week. It is made for occasions like casual-dos, work, and parties, with light, contemporary jewelry that can work on a daily basis. Melorra was established in 2016 and is headquartered in Bengaluru, Karnataka.

LivFin

Debt Financing in 2022
Livfin India Private Limited provides invoice finance solutions for SME businesses. The company’s short-term loans help businesses to procure working capital for critical operations. Its products and services include supply chain finance, working capital solutions, invoice finance, vendor finance, sale invoice finance, and purchase invoice finance. Livfin India Private Limited was formerly known as Docile Fincap Private Limited. The company was incorporated in 1996 and is based in Gurugram, India.

LoanTap

Debt Financing in 2022
LoanTap Financial Technologies Pvt. Ltd. operates an online platform that offers loan products to salaried professionals. It offers EMI free and personal loans, advance salary, credit card takeovers, personal overdrafts, and rental deposits. The company allows users to fill their information online, and upload or mail basic docs; download documents as per checklist, and sign and handover to representatives; and seek disbursal. LoanTap Financial Technologies Pvt. Ltd. was founded in 2016 and is based in Pune, India.

HomeCapital

Series A in 2021
A tech company focused on helping people buy their first home with down payment assistance at zero interest cost. A product that will make the difference between buying a home or not.

lal10.com

Seed Round in 2022
Lal10 is a B2B platform that connects rural SMEs to global buyers. They make transactions happen between 1800+ rural SMEs through mobile CRMs and retail buyers across 18 countries. They are Faire.com of Asia with a market potential of $9bn. Today they have 400+ retailers like Zara, Toast, New Looks, Pepperfry, Myntra, Ajio, FabIndia, Anita Dongre, Tata Taniera etc. The retention of buyers is more than 85%. Founders are ex Flipkart, DCE, IIT Madras, and NITIE graduates. They have raised $1.8mn from prominent angels like Amit Ranjan, Pravin Gandhi, Mekin Maheshwari, ex ITC CEO, Beyond Capital, Angellist and Sorenson fund in seed rounds. They were part of the Forbes 30 Under 30 Asia and India list.

Curefoods

Debt Financing in 2022
Curefoods democratize access to good food on a sustainable basis. Good food is honest. They are in the business of selling food. To create the best food product out there, they assemble a team of people who are absolutely crazy about food.

LetsTransport

Venture Round in 2020
Lets transport is a “Last mile” logistics solution provider. Their solutions are reliable, professional, economical and structured to serve businesses as well as consumers. They currently provide Tata Ace on demand as well as on attachment basis.

TVF Play

Debt Financing in 2019
Official page of India's first online TV for youth, dedicated to bring you your regular dose of Q-tiyapa!

BigHaat Agro Pvt Ltd

Debt Financing in 2022
BigHaat is an online seeds company that works with several seed suppliers across India in bringing their products into BigHaat platform to provide transparent, competitive, and quality services to the seed buyers. BigHaat platform ensures online listing of products and connects buyers with suppliers for any post-sale support providing seamless end to end user experience. This platform also reduces the widening gap between sellers and buyers in agriculture domain and benefits suppliers and sellers to improve their operational efficiency and productivity. It was launched on 2015 and is headquartered in Bangalore, India.

Up Money

Debt Financing in 2021
Up Money is a non-banking financial company (NBFC) that provides two-wheeler financing and small business loans (both secured and unsecured) through a branch model.

CredR

Series B in 2019
Looking at buying or selling a pre-owned vehicle? You are just a click away from finding the perfectsolution to this problem – CredR, India’s only verified and certified used bikes marketplace.The second hand vehicles market is usually flooded with inconsistent pricing and uncomfortable experiences. CredR steps in makes buying/ selling as easy as taking a walk in the park.

CredR

Venture Round in 2021
Looking at buying or selling a pre-owned vehicle? You are just a click away from finding the perfectsolution to this problem – CredR, India’s only verified and certified used bikes marketplace.The second hand vehicles market is usually flooded with inconsistent pricing and uncomfortable experiences. CredR steps in makes buying/ selling as easy as taking a walk in the park.

TVF Play

Debt Financing in 2021
Official page of India's first online TV for youth, dedicated to bring you your regular dose of Q-tiyapa!

Udaan

Debt Financing in 2021
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce. Udaan chat feature allows you to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers & sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs. Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.

Blu Smart Mobility

Series A in 2022
Blu Smart Mobility is a provider of electric shared smart mobility platform for transportation. Blu Smart is an all-electric, shared, and smart mobility platform for ride-sharing, car-sharing, and scooter-sharing. Blu Smart is a 100% electric mobility platform that partners with electric vehicle manufactures.

Blu Smart Mobility

Debt Financing in 2022
Blu Smart Mobility is a provider of electric shared smart mobility platform for transportation. Blu Smart is an all-electric, shared, and smart mobility platform for ride-sharing, car-sharing, and scooter-sharing. Blu Smart is a 100% electric mobility platform that partners with electric vehicle manufactures.

HomeCapital

Venture Round in 2021
A tech company focused on helping people buy their first home with down payment assistance at zero interest cost. A product that will make the difference between buying a home or not.

GOQii Inc.

Debt Financing in 2022
GOQii is headquartered in California with offices in Mumbai and Shenzhen. It is dedicated to enabling a permanent shift to a healthier lifestyle with the combination of advanced wearable technology, the world's leading experts, coaches and karma. GOQii focuses on sustained engagement & goal reinforcement and offers a complete ecosystem as a single integrated solution, which is a powerful combination of technology and human connection. GOQii is a collaboration of some of the world's leading experts and an amazing management team who are driven by a passion for healthy sustainable living, and who believe that all of us contain boundless potential. GOQii's goal is to enable millions of people across the world to "be the force" by helping them unleash their untapped potential.

WorkIndia

Debt Financing in 2022
Our Vision: Work India’s vision is to provide sustainable livelihoods for the 23.7 Cr blue-collar individuals of India and now the 120 Cr blue-collar individuals in this World. WorkIndia is a technology venture based in the mixed collar space (between white and blue-collar space) of the recruitment industry. We aim to connect the right employers to the right employees. In the mixed collar space ( bpo jobs, delivery jobs, accountant jobs, retail jobs, back-office jobs, etc.) getting jobs in thane and getting employees in thane both is a tiresome process. The mixed collar space seeks a solution that simplifies the process for both the employer side and the employee side. Our Product: We have created a mobile application for candidates to apply for the job they would like to do and for Employers who seek their desired candidates. Candidates with this app can look for a suitable job and apply for it in a single click. Rest all the work of checking the eligibility of an employee until scheduling the interview is done by our 100% automated product.

Kaar Technologies

Debt Financing in 2021
KT is a consulting firm specializes in designing, delivering and deploying the finest ideas and SAP expertise to empower companies.

WebEngage

Series A in 2020
WebEngage is a full-stack marketing automation and customer data platform that helps consumer businesses drive more revenue from their existing customers and anonymous users through highly contextual and personalized user engagement across channels like Email, Mobile and Web Push Notifications, In-app Messages, SMS, Web Overlays, Facebook, and WhatsApp. WebEngage’s marketing automation platform also allows brands to craft and deliver cross-channel campaigns based on data-driven user insights, intelligent user profiles, and smart segments. Marketers and product managers can orchestrate lifecycle marketing campaigns within seconds by using the DIY journey builder feature which simplifies the process of executing and managing complex cross-channel campaigns at scale.

MobiKwik

Debt Financing in 2022
MobiKwik is India’s leading fintech platform, operating businesses in consumer payments, payment gateway, and financial services. MobiKwik’s payments network is one of the largest in India with 120 million users, 3 million merchants, and 300+ billers. The vision of the company is to build accessible, and affordable digital financial services for a Billion Indians. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raised over $100M in funding from marquee investors. With 60% Indian ownership, MobiKwik is the Truly Indian Payments App. Having grown from its strength in payments, the company has transformed into a full-stack fintech platform offering financial products. Since 2018, MobiKwik has disbursed 19 lakh loans via its Digital Credit Line, which disburses money instantly to the user’s wallet. The company ventured into the mutual fund space with the acquisition of Mumbai-based Clearfunds.

Tonbo Imaging

Debt Financing in 2022
Tonbo Imaging designs, builds and deploys advanced imaging and sensor systems for military reconnaissance and security of critical government and industrial establishments.

Jai Kisan

Debt Financing in 2021
Jai Kisan is a fintech platform that provides sustainable financing for rural emerging markets. They helping farmers understand their financial status through a next-generation/hyper-localized agriculture credit score digitizing their finances and farm capabilities for financial institutions. The platform also offers securitization solutions and a tech-led value proposition for the sellers of products and services it finances. It also uses a network of tech-enabled channel partner stores, while leveraging the existing vendor network to help source more customers. Jai Kisan was founded in 2017 and is headquartered in Mumbai, Maharashtra, India.

RapidBox

Debt Financing in 2021
Rapidbox is ecommerce website for footwear and fashion accessories
iNurture Education Solutions Pvt. Ltd., established in the year 2005, is the pioneer in career-ready formal higher education in India. We deliver industry relevant courses at undergraduate and postgraduate levels in the fast growing sectors of the economy, in active association with well-reputed universities and autonomous institutions/ colleges. We operate through a unique collaborative University-Industry Partnership (UIP) model. iNurture currently has partnership with 14 universities, autonomous institutions and colleges across India.

ideaForge

Debt Financing in 2021
ideaForge Technology Pvt. Ltd. develops and manufactures unmanned aerial systems and alternative energy products. The company offers CARBON, an autonomous hovering unmanned aerial vehicle. It also provides hand powered, USB, bike, car, and wall plug mobile chargers. ideaForge Technology Pvt. Ltd. was founded in 2007 and is based in Mumbai, India.

Furlenco

Debt Financing in 2021
Furlenco is India’s first and only Home Furniture Subscription Program based out of Bangalore. Founded by Ajith Karimpana in 2011, Furlenco was born out of his frustration at finding well-designed, sophisticated and affordable furniture to rent for his home. Furlenco offers a range of curated home furniture experiences, designed to suit the lifestyle needs of varied audiences spanning students to families and expatriates. Our solutions are convenient, cost-effective and offer access to quality furniture with the added advantage of being able to exchange it at will depending on your requirements.

Peel-Works

Debt Financing in 2020
Peel-Works is a tech and data analytics company specializing in e-commerce for corner stores. Its products offered include Taikee, Insights, PoS by Mojo, and 1SF. The company aims to deliver better lives to corner stores across the country with its flagship product called Taikee. Taikee presents a brand’s performance from the most popular stores across 1,300 pin codes from 16 cities in the country. Peel-Works was founded in 2010 and is headquartered in Mumbai, Maharashtra.

Industrybuying

Debt Financing in 2018
Industrybuying.com is India's lagest ecommerce platform for industrial supplies . They have over 50,000 products available and adding more everyday. They are first movers in bringing ecommerce to India's industrial space.

Awign Enterprises Pvt. Ltd.

Debt Financing in 2020
Awign Enterprises Pvt. Ltd. provides outsourcing solution. The company offers handling business development, and research based businesses services through a concept of crowdsourcing in outsourcing. It provides virtual internship, networks, industry exposure, and mentorship. The company was founded in 2016 and is based in Bengaluru, India.
iNurture Education Solutions Pvt. Ltd., established in the year 2005, is the pioneer in career-ready formal higher education in India. We deliver industry relevant courses at undergraduate and postgraduate levels in the fast growing sectors of the economy, in active association with well-reputed universities and autonomous institutions/ colleges. We operate through a unique collaborative University-Industry Partnership (UIP) model. iNurture currently has partnership with 14 universities, autonomous institutions and colleges across India.

Nearbuy India Private Limited

Debt Financing in 2016
Formerly Known as Groupon India, Crazel & SoSasta. nearbuy is India’s first hyper-local e-commerce platform which is a one stop destination to buy just about anything. So, whether you want to dine at the finest restaurants, relax at the best spas, or just discover your city intimately, nearbuy makes it happen for you.

Oliva Clinic

Debt Financing in 2020
Oliva Clinic is a medico aesthetic clinic that focuses on leveraging ad­vances in medicine to make look more beautiful and youthful.

Koye Pharmaceuticals Pvt Ltd.

Debt Financing in 2020
Koye Pharmaceuticals Pvt Ltd manufactures and sells healthcare products. The company offers science-based products, which include Coecortt for inflammatory conditions, such as allergic, asthma, and rheumatoid arthritis; Coekastle for allergic rhinitis and chronic asthma; and Coekastle Kid for asthma and allergic rhinitis in children. It sells its products through a network of distributors in Nagpur, Jaipur, Indore, Bengaluru, Hyderabad, Vijayawada, Mumbai, Ahmedabad, Delhi, Meerut, Dehradun, Patna, Ranchi, Cuttack, Cochin, and Ambala, India. The company was founded in 2013 and is based in Mumbai, India.

Chumbak

Debt Financing in 2017
Chumbak, a Bangalore, India-based gifting startup. Founded by Subhra Chadda, Chumbak sells designer t-shirts, tins, coffee mugs shot glasses, mouse pads, iphone cases, bookmarks, posters, and bags, among others.

Intelligence Node

Debt Financing in 2017
Intelligence Node Consulting Pvt. Ltd. designs and develops database software solutions for merchandisers. It offers iNCompetitor, a pricing and assortment data platform for online and offline retailers; and iNOptimizer, a tool that uses price and merchandising algorithms to adjust pricing and assortment aspects to gain profit margins. The company was incorporated in 2012 and is based in Mumbai, India with operations in London, United Kingdom; and New York, New York.

Rubique

Series B in 2018
Fintech company Rubique, demystifies complex financing processes and empowers individuals & SMEs by providing an easy & smooth access to finance through a wide range of credit cards & loan products thereby, making finance simple for them. Built on a proprietary matchmaking algorithm, Rubique's marketplace lending platform offers breakthrough features like - real time processing & online approval by direct integration with financial institutions’ systems reducing the processing time significantly. Data analytics performed on hundreds of data points on Rubique's platform assesses the creditworthiness of customers (loan origination qualification) bringing predictability by giving him eligible offers to choose from. Rubique offers the best of both worlds – marketplace for the customer to get choices(eligible) + an end to end fulfillment support just like any lender. Founded in Oct 2014, Fintech company Rubique aims to become the largest marketplace for financial products for individuals and SMEs. In September 2015, Rubique raised Series A funding, led by Kalaari Capital, from YourNest Angel Fund, Globevestor and Dexter Angel Circle.

WebEngage

Debt Financing in 2017
WebEngage is a full-stack marketing automation and customer data platform that helps consumer businesses drive more revenue from their existing customers and anonymous users through highly contextual and personalized user engagement across channels like Email, Mobile and Web Push Notifications, In-app Messages, SMS, Web Overlays, Facebook, and WhatsApp. WebEngage’s marketing automation platform also allows brands to craft and deliver cross-channel campaigns based on data-driven user insights, intelligent user profiles, and smart segments. Marketers and product managers can orchestrate lifecycle marketing campaigns within seconds by using the DIY journey builder feature which simplifies the process of executing and managing complex cross-channel campaigns at scale.

Truweight Wellness Private Limited

Debt Financing in 2017
Truweight is a research and nutrition-based healthcare company that provides weight loss counseling and a wide range of effective super foods for people from across India. The company intends to provide sustainable and healthy weight loss solution focusing on healthy eating and not on machines, surgery, and weight loss pills.

GoBolt

Debt Financing in 2017
GoBOLT is a tech-logistics company operating in Line Haul & Short Haul Trucking, creating value through dis-intermediation, increased asset utilization and extensive use of technology. We are building a next generation logistics platform with disruptive operating models, simple yet scalable processes & digitization at its core

NowFloats

Debt Financing in 2018
NowFloats enables Small and Medium Businesses (SME) to get an online presence by simply using SMS. This website can also be updated by sending regular SMS and this message can be delivered to the loyal customers of that business. Additionally the NowFloats algorithm ensures highest discoverability through intelligent Search Engine Optimization (SEO). There are 47M Small & Medium Businesses in India, while there are only 700K registered websites. It is also estimated that almost 9.6M Indian businesses need some sort of online identity. With 900M+ mobile phones and SMS being the pervasive technology, NowFloats believes that getting business online thru SMS (or Apps) is a scalable and sustainable business. NowFloats is co-founded by ex-Microsoft and ex-Saatchi & Saatchi team and has almost 2000 customers within 5 months of the product launch.

Moneyboxx Finance

Post in 2020
Moneyboxx Finance provides easy access to financing to the deserving micro enterprises.

Knowlarity Communications

Series C in 2016
Knowlarity is India’s largest cloud telephony company. Funded by Sequoia Capital, we have grown by leaps and bounds since our inception in 2009, powering more than 6,500 companies in India and abroad. Today, we have a presence in 65 countries. Our flagship products, SuperReceptionist and SmartIVR, can process over a million calls an hour. We are headquartered in Singapore and have offices in Gurgaon, Mumbai and Bangalore.

Holisol logistics

Venture Round in 2019
HoliSol Logistics Pvt. Ltd. Is a Supply Chain Operations Company! We engage as your own extended logistics team to design, implement & manage solutions which work for you! We do this buy understanding your business and supply chain objectives, and our solutions help you to achieve these objectives.