Blacksoil provides alternative debt to Growing Businesses which are underserved for their debt requirements by traditional banks and Financial Institutions.
India is experiencing a boom in new age businesses, technological advancements, and emergence of young entrepreneurial ecosystem. Despite being the third-largest tech startup location globally, many high-growth startups face significant challenges in securing debt funding from traditional financial institutions due to their risk-averse nature and hard collateral. Blacksoil provides alternative debt to such high performing growth companies to accelerate their market penetration, drive growth and reduces dependence on equity to fund working capital needs of such businesses.
India’s workforce is growing rapidly, but estimates suggest that half of the population lacks formal credit. This has led to the emergence of many fintech players and new branch based traditional NBFCs that are seeking alternative credit funds, despite having access to traditional bank funds. Blacksoil has developed expertise in underwriting business models of such emerging financial institutions for Indian working populations and small businesses. Most of these financial institutions create positive social impact as well.
The supply chain finance is witnessing massive growth in India as the Indian economy is growing extremely fast. A large-scale shift is happening from traditional to digital supply chain platforms which has led to emergence of many supply chain lending platforms. Blacksoil recognises a finance gap in mid-sized businesses that are looking for digital as well as financing solutions to support the ecosystem of new age companies and traditional distribution. SaralSCF, our supply chain fintech platform, plays a pivotal role in streamlining supply chain financing by providing a user-friendly interface and seamless digital processes allowing suppliers, buyers, and other stakeholders to access timely and efficient financing solutions.
We are committed to our ESG journey and are integrating environmental, social, and governance factors into our decision-making processes to create long-term value for all stakeholders.Our ESG Framework