India, Dec. 9 -- Venture debt firm BlackSoil Capital has received an equity infusion of INR 65 Cr from Dutch entrepreneurial development bank FMO and Caspian Debt founder S Viswanatha Prasad.
In a statement, BlackSoil said that the capital will strengthen its capital base and support the expansion of its lending portfolio. It will enable the company to finance a larger pool of priority sector businesses and new-economy enterprises, including climate and agritech firms.
FMO, which was earlier an investor in Caspian Debt, has transitioned its shareholding to BlackSoil Capital following the completion of merger of the two entities last month.
The merged BlackSoil Capital-Caspian Debt entity, now called BlackSoil Capital, has combined asse...
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