/Investor DB

BlackSoil

Venture debt

Mumbai · Seed–Late Stage

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Investment thesis

BlackSoil Capital is an alternative credit platform offering customized debt and credit solutions across the financing lifecycle, including growth and expansion financing, working capital, and structured debt, to SMEs, mid-market corporates, NBFCs, fintech lenders and high-growth companies. Following the merger of Caspian Debt and acquisition of Credit Fair, it also provides impact-driven financing to transformational MSMEs and retail lending. The firm emphasizes responsible capital that generates measurable social and environmental impact, evaluating supported businesses on financial performance as well as their contribution to inclusion, innovation and sustainable development across India and beyond.

Source: firm website, verified Oct 1, 2026.

Stage
Seed–Late Stage
HQ
Mumbai, IN
Instruments
Debt
Last 12 months
1 investment
AUM
$215M
Tracked investments
64
IPOs
1

What they invest in

from 11 of 64 portfolio companies

Fintech ×4Consumer ×3Healthtech ×3B2B Marketplaces ×2Direct to Consumer ×2E-commerce ×2Marketplaces ×2Media & Entertainment ×2

HQs:India×10United States×3

Investments · 64 tracked

founders shown can be your intro path

By year:2026 · 12020 · 12 dated

Startup Storystartupstorymedia.comin𝕏✓ verified

Doubtnut is a multi-lingual online learning platform that helps students solve academic doubts through video content and technology.

AgTechEdTechFintechMedia & Entertainment

Arjun Ahluwalia(Co-founder and CEO)Tanushree Nagori(Co-founder & CEO)inAditya Shankar(Co-founder)inRavi Sekhar(Co-founder)

Co-investorsArkam VenturesBlume VenturesNabventuresOmidyar Network IndiaStride VenturesTrifecta Capital Advisors+1 more

Ankura Hospitalsankurahospitals.com
Bluestonebluestone.com𝕏

BlueStone is an omnichannel jewellery retailer selling certified fine jewellery such as rings, earrings, pendants, mangalsutras, bangles, and engagement rings online and through stores.

ConsumerDirect to ConsumerE-commerce

Gaurav Singh Kushwaha(Founder)in

Co-investorsAccelAlteria CapitalInfo Edge VenturesIron PillarIvyCap VenturesKalaari Capital+3 more

Energetica Indiaenergetica-india.net𝕏Mar 2026

Omnimedia Group is an international publishing company specializing in technical magazines for energy, construction, tourism, pharmaceutical and life sciences industries.

EnergyMedia & EntertainmentNew Delhi, IN

Co-investorsTheia VenturesAlteria CapitalBlume VenturesElevation CapitalInnoVen CapitalLightspeed Venture Partners+6 more

ePayLaterepaylater.inin𝕏

ePayLater provides instant business credit to merchants and buyers across India, usable at partner merchants through a mobile app and across physical and digital sales channels.

B2B MarketplacesFintechGurugram, IN

Uday Somayajula(Founder)in

Co-investorsBlue Ashva CapitalGMO VenturePartnersPravega VenturesresponsAbility Investments

Euler Motorseulermotors.comin𝕏

Euler Motors offers commercial vehicle products and a tool to help fleet operators calculate profitability.

Mobility & Transportation

Saurav Kumar(Founder)in

Co-investorsADB VenturesAthera Venture PartnersAlteria CapitalBlume VenturesLightrock

Freightwallafreightwalla.comin

Palo Alto, US

Punit Java(Executive Officer, Director)

Co-investorsFJ LabsAmplo VenturesKae CapitalTekton Ventures

HomeLanehomelane.comin𝕏

HomeLane provides end-to-end home interior design and modular furniture services, offering personalised 3D designs, materials selection, factory production, and installation for residential customers.

ConsumerMarketplacesPropTech

Srikanth Iyer(Founder)in

Co-investorsAarin CapitalAccelEvolvence India FundFJ LabsNuVenturesPeak XV Partners+4 more

Inprimeinprime.in

InPrime Finserv is an RBI-registered NBFC that provides tech-enabled business and personal loans to India's emerging middle class using a data-driven credit assessment model.

Co-investorsTitan CapitalZ47

Orange Health Labsorangehealth.inin𝕏

Orange Health Labs operates a home-based diagnostic testing service in Indian cities, offering sample collection within 30 minutes and lab results within 6 hours.

HealthtechMedical DevicesBengaluru, IN

Tarun Bhambra(Founder)inDhruv Gupta(Founder)in

Co-investorsAccelAroa Venture PartnersBertelsmann India InvestmentsGeneral CatalystGood CapitalInvestopad+14 more

Orianooriano.com
Redred.health

RED.Health operates a network of ambulances and paramedic services across India, providing emergency medical logistics and transport for hospitals.

AI & Machine LearningHealthtechLogistics & Supply ChainSecunderabad, IN

Co-investorsAurum Venture PartnersHyderabad AngelsJungle VenturesKalaari CapitalPegasus India Evolving Opportunities Fund

Seeds Fincapseedsfincap.com

SEEDS Fincap is a non-deposit-taking NBFC (NBFC-ND) that provides secured and unsecured loans to underserved micro, small, and medium enterprises across Tier 2, Tier 3, and rural India.

FintechImpact & Social GoodGurugram, IN

Subhash AcharyainAvishek SarkarinSumeet Dhall

Co-investorsLok CapitalZ47Alteria CapitalNorinchukin CapitalresponsAbility Investments

The Helper Beesthehelperbees.comin𝕏

The Helper Bees provides a platform that connects older adults and their families with information, tools, and in-home care services to support independent aging at home.

B2B MarketplacesFintechHealthtechInsurTechMarketplacesWellness & FitnessAustin, US

Char Hu(Founder)inDanny Lynch(Founder)in

Co-investorsAlumni VenturesCentana Growth PartnersCentana PartnersSilverton PartnersTechstarsImpact Engine+1 more

The Hostellerthehosteller.comin

The Hosteller is an Indian self-operated backpacker hostel chain running 70+ properties across 13 states.

Pranav Dangi(Founder)in

Co-investorsJITO Angel NetworkV3 Ventures

TruCaptrucapfinance.com
Uttrayanuttrayan-mfi.com
WeRizewerize.comin

Bengaluru full-stack fintech that manufactures and socially distributes credit, insurance, and savings products for emerging-middle-class families in 5,000+ small Indian towns through a network of local financial advisors and an in-house AI stack.

Bengaluru, IN

Vishal Chopra(Founder)inHimanshu Gupta(Founder)in

Co-investorsKalaari CapitalPICUS CAPITALSony Ventures Corporation3one4 Capital

Zink Londonzinklondon.inin

Zink London is a fashion and apparel brand offering clothing designed in London and made in India, sold through 450+ retail stores across India as well as online.

ConsumerDirect to ConsumerE-commerce

Co-investorsArbor Ventures UK

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AnkuraBatterySmartBest CapitalCelebalCelsius LogisticsChakrChaloCredRightCurefoodsDar CreditDunzoFarzi CafeFinnableGenWorksGoqiiGyanDhanHolistic RemediesHome CapitalJagaranJCB SalonsJumbotailLogicServeManbamCaffeineMerisisNavadhanNvestPahalParasRevfinRupeekSagar DepositsSaveFinSecurensServitiumShree Ganga FinanceSRV HospitalsSwaraSynapseWaveUpMoneyVelichamVideoneticsVirutcham

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has BlackSoil made?
BlackSoil has 64 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
What stage does BlackSoil invest at?
BlackSoil invests at the Seed, Series A, Series B, Growth, Late Stage stages.
What sectors does BlackSoil focus on?
BlackSoil focuses on Consumer, Fintech, Impact & Social Good, Logistics & Supply Chain.
Where is BlackSoil located?
BlackSoil is headquartered in Mumbai, IN.

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