BlackSoil invested more than $4.5 million in Blu-Smart Mobility, BigHaat, And LoanTap


Debt financing NBFC BlackSoil invested more than $4.5 million in three startups – Blu-Smart Mobility, BigHaat, and LoanTap.


BlackSoil operates a credit platform that includes an NBFC and four AIFs. So far, the firm has invested more than $250 million in 120 transactions and has an AUM of more than $80 million. BlackSoil is a backer of five unicorns: Udaan, OYO, Zetwerk, Spinny, and the troubled Infra.Market, among other startups at various stages of development. By 2021, BlackSoil had been involved in 28 transactions.

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