WHO
WE ARE
BlackSoil was founded by Mohinder Pal Bansal, a seasoned corporate advisor with over 40 years of experience, and his son Ankur Bansal, an accomplished investment banker with large global investment banks such as JP Morgan, Morgan Stanley, and CitiBank. Together, they established an investment banking and mergers and acquisitions practice in 2010, which led to the creation of BlackSoil as an alternative credit platform.
M. P. Bansal has served as an independent director at esteemed companies like Navneet Education Limited, AllCargo Group, K12 Techno Services Private Limited (backed by Sequoia Capital), Concorde Motors, and Prince Pipes & Fitting Limited, among others, and has actively associated with the family offices of Allcargo Logistics, Navneet Education, Florintree Partners, and Mahavir Agency throughout his career.
With the support of these family offices, BlackSoil was formed in 2016, benefitting from their diverse and rich business experiences, continuous insights, and business intelligence.
Ankur brings with him a richly developed investment acumen and relationship, with domestic and international private equity and venture capital firms who are investing in the Indian growth companies. Furthermore, his association with high pedigree banks has also helped in developing keen insight and knowledge about banking-led credit investments. This knowledge is utilized to identify and devise lending solutions for financial institutions such as new-age fintech platforms and evolving NBFCs.
The involvement of both M. P. Bansal and Ankur Bansal has been instrumental in the growth and success of the BlackSoil platform.
VISION
To build an alternative credit platform to empower growing businesses in the new economy that contributes to a sustainable future.
To provide alternative credit products and unique credit solutions to growing companies and their ecosystems that foster the well-being of people and the planet.
MISSION
VALUES
Fiduciary
Responsibility
We act as trustees for our stakeholders with a firm sense of accountability for the resources we use and the systems and processes we deploy.
Transparency
We maintain transparency and fairness in our operations, and follow robust governance practices.
People First
We prioritize to support such businesses that contribute to the people and the communities.
Environmental Sustainability
We are committed to safeguard the environment through responsible investing and integrating sustainability in our strategy.
Entrepreneur Centric
We recognize the value of entrepreneurship and align with the unique needs and aspirations of the entrepreneurs.
Collaboration
We look for opportunities to collaborate with organizations that share our values, drive meaningful impact and our collective strength brings positive change.
- The Directors
- The Sponsors
- The Team
MP BANSAL
Whole-Time Director and Chairman
Mohinder is the Founder-Chairman and Director of BlackSoil Group.
ANKUR BANSAL
Managing Director
Ankur is the Co-founder and Director of BlackSoil Group.
JATIN CHOKSHI
Independent Director
Jatin is the Chief Investment Officer of Avvashya Group and an Independent Director at BlackSoil Group.
Nilesh Vikamsey
Independent Director
Nilesh is the former president of ICAI and an Independent Director at BlackSoil Group.
Shashi Kiran Shetty
Chariman, Allcargo Group
Mr. Shetty is the chairman of the Allcargo Group which is one of India’s largest publicly listed logistics companies and is headquartered in India. It operates across 160+ countries through 300+ offices.
Key Metrics of Allcargo Logistics Ltd:
Revenue
₹13,000+ Crs*
EBIT
₹450+ Crs*
Market Cap
~ ₹5000 Crs
GNANESH D. GALA
Managing Director, Navneet Education
Mr. Gala is the Managing Director of Navneet Education and has been associated with the group for 30+ years.
Key Metrics of Navneet Education Ltd:
Revenue
₹1,700+ Crs*
EBIT
₹300+ Crs*
Market Cap
~ ₹3,000 Crs
VIRENDRA GALA
Founder, Mahavir Agency
Mr Gala is the Founder of Mahavir Agency which is engaged in the real estate advisory business.
Key Metrics of Mahavir Agency:
Projects
350+
Area Developed
25+ Mn sq. ft.
Transaction value
₹10,000 Crs
*Consolidated Group Revenue & EBIT for FY23(E)
- Strategy team
- Credit & Monitoring Team
- Risk, Legal & Compliance Team
- Finance & Operations Team
Chirag Shah
President
Previously – CRISIL, Negen Capital
Manish Srivastava
Sr. Vice President
Previously – Reliance, Edelweiss
Neelam Pandita
Asst. Vice President
Previously – Tata Technologies, RSM
Ankit Bhuptani
Compliance officer
Previously – KPMG, Deloitte
Hetal Pandya
Company Secretary
Previously – Kae Capital, ASK Asset Management
Anuj Gothi
Sr. Vice President
Previously – Kalpatru, Phoenix Mills Limited
Sandeep Shaw
Vice President
Previously – Angel Broking
Ashley Jhaveri
Senior Associate
Previously – KPMG, Pwc
Ashwat Malhotra
Asst. Vice President
Previously – IndusLaw, Jai Kisan
Benjamen Arwade
Asst. Vice President
Previously – Citi Bank, HDFC Bank
Pramila Dabhekar
Vice President
Growth Companies
Rohan Dani
Sr. Associate
Ashley Jhaveri
Sr. Associate
Previously – KPMG, PwC
Financial Institutions
Surabhi Sanyukta
Vice President
Previously – Caspian, IndoStar
Chittatosh More
Asst. Vice President
Previously – Ashv Finance, ICICI Bank
Amruta Maheshwari
Sr. Associate
Saral SCF
Gaurav Bagrodia
President
Previously – L&T Financial Services, Fullerton
Vatsal Poladia
Asst. Vice President
Previously – Klay Capital