BlackSoil - About the company
BlackSoil is a series C company based in Mumbai (India), founded in 2010 by Ankur Mohinder Bansal, Mohinder Pal Pal Bansal and Ankur Bansal. It operates as a Provider of alternative debt and supply chain financing solutions to businesses. BlackSoil has raised $36.3M in funding from FMO, with a current valuation of $*****. The company has 367 active competitors, including 66 funded and 19 that have exited. Its top competitors include companies like InCred, Funding Societies and Moneyview.
Company Details
Provider of alternative debt and supply chain financing solutions to businesses. It focuses on providing debt to growing businesses underserved by traditional financial institutions. The company underwrites business models of emerging financial institutions. It also operates a supply chain fintech platform to streamline financing for suppliers and buyers.
- Website
- blacksoil.co.in
- Email ID
- *****@blacksoil.co.in
- Phone Number
- +91 **********
- Registered Address
- 1203, LODHA SUPREMUS, SENAPATI BAPAT MA OPP.WORLD ONE TOWER, LOWER PAREL, WEST, MUMBAI, Maharashtra, India, 400013
Key Metrics
Founded Year
2010
Location
Mumbai, India
Stage
Series C
Total Funding
$36.3M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 06, 2025
Ranked
5th among 367 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
182 as on Aug 31, 2026
Similar Companies
Legal entities associated with BlackSoil
BlackSoil is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOGBOOK TECHNOSYS LLP CIN: AAL-9313 , India, Strike off | Feb 05, 2018 | 0 - ₹10 Cr (As on Mar 31, 2023) | - | |
BLACKSOIL ASSET MANAGEMENT PRIVATE LIMITED CIN: U65999MH2017PTC293648 , India, Active | Apr 10, 2017 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 9 (As on Feb 01, 2026) | |
BLACKSOIL CAPITAL PRIVATE LIMITED CIN: U67120MH1995PTC084946 , India, Active | Jan 25, 1995 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 167 (As on Feb 01, 2026) | |
BASOIL ADVISORY LLP CIN: AAA-1570 , India, Active | Jun 11, 2010 | 0 - ₹10 Cr (As on Mar 31, 2025) | 82 (As on Jul 31, 2024) |
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BlackSoil's funding and investors
BlackSoil has raised a total funding of $36.3M over 8 rounds. Its first funding round was on Jul 26, 2018. Its latest funding round was a Conventional Debt round on Mar 18, 2026 for $*****. 1 investor participated in its latest round. BlackSoil has 11 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of BlackSoil:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 18, 2026 | 7642858 | Conventional Debt | 5550375 | 4490004 | 8017073 | 8262810 |
Dec 06, 2025 | 9311086 | Series C | 6672328 | 4117680 | 6507134 | |
Mar 11, 2024 | 6907726 | Conventional Debt | 4529336 | 5538959 | 5277657 | 2371435 |
View details of BlackSoil's funding rounds and investors
BlackSoil's founders and board of directors
Founder? Claim ProfileHere are the details of BlackSoil's key team members:
- Ankur Mohinder Bansal: Co-Founder & MD of BlackSoil. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 phone number
- Mohinder Pal Pal Bansal: Co-Founder of BlackSoil. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Ankur Bansal: Co-Founder & Managing Director of BlackSoil.
BlackSoil's Board of Directors
BlackSoil's board has 4 active members. Ankur Mohinder Bansal and Mohinder Pal Pal Bansal are part of team and Jatin Chokshi and Nilesh Shivji Vikamsey are independent board members.Here is the list of BlackSoil's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 2m | |
Team | - | Current | 9y 2m | |
Independent board member | - | Current | 10y 1m | |
nkwbmdc | Independent board member | - | Current | 6y 4m |
View details of BlackSoil's Founder profiles and Board Members
BlackSoil's employee count trend
BlackSoil has 182 employees as of Aug 26. Here is BlackSoil's employee count trend over the years:
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BlackSoil's Competitors and alternates
Top competitors of BlackSoil include InCred, Funding Societies and Moneyview. Here is the list of Top 10 competitors of BlackSoil, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
2nd | Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 80/100 | |
3rd | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 76/100 | ||
4th | Vivriti Capital 2017, Chennai (India), Series D | Provider of technology-enabled debt financing solutions to mid-market enterprises | $205M | 75/100 | |
5th | Provider of alternative debt and supply chain financing solutions to businesses | $36.3M | 72/100 | ||
6th | Provider of financial solutions, including loans, for SMEs and corporates | $201M | 71/100 | ||
7th | Credit Saison 2019, Bengaluru (India), Series D | Provider of diverse financial products and lending solutions for businesses and individuals | $144M | 70/100 | |
8th | APAC Group 2017, Mumbai (India), Series B | Provider of financial loans for small and medium business enterprises | $90M | 69/100 | |
9th | DMI Finance 2008, Delhi (India), Series E | Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans | $734M | 69/100 | |
10th | Liquidity 2018, New York City (United States), Series C | Provider of debt financing for growth stage technology business entities | $120M | 69/100 |
Looking for more details on BlackSoil's competitors? Click here to see the top ones
BlackSoil's Investments and acquisitions
BlackSoil has made 156 investments in companies including VLCC and Mintoak. BlackSoil has also acquired 2 companies including Credit Fair and Saraloan.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 03, 2026 | Investments | 1989 | Gurugram (India) | |
Aug 06, 2026 | Investments | 2017 | Mumbai (India) | |
Jul 21, 2026 | Investments | 2004 | Mumbai (India) |
See all investments by BlackSoil
Reports related to BlackSoil
Here is the latest report on BlackSoil's sector:
News related to BlackSoil
Media has covered BlackSoil for a total of 29 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Mintoak Secures Rs 80 Crore Debt Funding for ICC Loyalty AcquisitionStartup Story•Aug 08, 2026•Mintoak, BlackSoil, Iccloyalty
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Suminter India Organics Secures ₹25 Crore in Debt Funding from BlackSoilStartupTalky•Jul 21, 2026•BlackSoil, Suminter
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Singapore merchant OS Qashier raises $6.1m in series A+Tech in Asia•Jun 30, 2026•BlackSoil, Ifpartners, Qashier, Cocoon Capital
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Euler Motors Raises $47 Mn in Series E Round Led by LightrockEntrackr•Mar 24, 2026•Euler Motors, Hero MotoCorp, Lightrock, Blume Venture and 4 others
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