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Key people at BlackSoil.
BlackSoil was founded in 2010 by Ankur Bansal (Co-Founder).
BlackSoil operates as an alternative credit company, specializing in providing tailored debt and financing solutions to businesses. The firm focuses on delivering bespoke credit facilities, including supply chain financing and working capital solutions, which are designed to support a range of enterprises. Its approach centers on identifying and funding sustainable and scalable companies that may benefit from non-traditional lending structures, thereby offering crucial financial flexibility.
The firm was established in 2010 by Ankur Bansal and Mohinder Pal Bansal. Their founding insight recognized a significant market gap for specialized credit and advisory services beyond conventional banking avenues. This led to the creation of a platform dedicated to pioneering unique financing and advisory solutions, targeting specific needs within the Indian market.
BlackSoil serves a diverse clientele, primarily high-growth companies, startups, and developers seeking flexible funding options. The company's long-term vision involves continuing to innovate in alternative financing, aiming to be a preferred partner for businesses that require strategic and customized credit solutions to fuel their expansion and operational needs. It remains committed to empowering the next generation of enterprises.
BlackSoil was founded in 2010 by Ankur Bansal (Co-Founder).
Key people at BlackSoil.
BlackSoil has 8 tracked investments across 8 companies. The latest tracked deal is $8.1M Debt in Euler Motors in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 15, 2026 | Euler Motors | $8.1M Debt | BlackSoil | — |
| Mar 30, 2024 | MobiKwik | $6.0M Debt | BlackSoil | — |
| Feb 21, 2024 | RailYatri | $3.5M Debt / Series C | Mirabilis Investment Trust | Nandan Nilekani, Omidyar Network |
| Mar 15, 2023 | HealthPlix | $22.0M Series C | Mohan Kumar, Bhavanipratap Rana | Chiratae Ventures, JSW Ventures, Kalaari Capital, Lightspeed Venture Partners |
| Jul 1, 2022 | Lal10 | $4.0M Seed | Beyond Capital Ventures, SID YOG | 100X.VC, Astir Ventures, Kunal Shah, Asymmetry Ventures, Panthera Peak, Pegasus India, Singularity Ventures, Spiral Ventures |
| Sep 30, 2021 | HomeCapital | $7.0M Other Equity | — | CREDAI Members Network, Earlsfield Capital, Jaxay Shah, Aparajit Bhandarkar |
| Dec 22, 2020 | Awign | $540K Debt | BlackSoil | — |
| Mar 22, 2018 | NowFloats | $3.7M Debt / Other Equity | — | IIFL, Iron Pillar, Omidyar Network |