Who We Are

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 Management
  • The Sponsors
  • The Team
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MP BANSAL

Founding Partner

Mohinder is the Founding Partner and Chairman of BlackSoil Group.

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ANKUR BANSAL

Co-Founder & Director

Ankur is the Co-founder and Director of BlackSoil Group.

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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

₹20,000 Crs*

EBIT

₹1,250 Crs*

Market Cap

₹6,500+ Crs

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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

₹1,400 Crs*

EBIT

₹360 Crs*

Market Cap

₹3,500+ Crs

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MATHEW CYRIAC

Chairman, Florintree Advisors

Mr. Cyriac is the Chairman of Florintree Advisors, an India-focused investment firm, based in Mumbai.

Key Metrics of Mathew’s portfolio companies:

Revenue

₹2,100 Crs*

EBIT

₹300+ Crs*

Market Cap

₹16,500+ Crs

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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
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Chirag Shah

Sr. Vice President

Previously – CRISIL, Negen Capital

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Manish Srivastava​

Sr. Vice President

Previously – Reliance, Edelweiss

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Rahul Bhardwaj

Sr. Vice President

Previously – Deal Share, Kirana King

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Neelam Pandita

Asst. Vice President

Previously – Tata Technologies, RSM

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Ankit Bhuptani

Compliance officer

Previously – KPMG, Deloitte

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Hetal Pandya

Company Secretary

Previously – Kae Capital, ASK Asset Management

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Anuj Gothi

Sr. Vice President

Previously – Kalpatru, Phoenix Mills Limited

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Sandeep Shaw

Vice President

Previously – Angel Broking

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Ashley Jhaveri

Associate

Previously – KPMG, Pwc

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Ashwat Malhotra

Asst. Vice President

Previously – IndusLaw, Jai Kisan

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Benjamen Arwade

Sr. Associate

Previously – Citi Bank, HDFC Bank

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Pramila Dabhekar

Vice President

Growth Companies

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Aditya Sarda

Sr. Vice President

Previously – Citi Bank, Yes Bank

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Vaibhav Nigam

Sr. Vice President

Previously – Kotak Mahindra Bank, ICICI Bank

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Rohan Dani

Associate

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Ashley Jhaveri​

Associate

Previously – KPMG, PwC

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Rahul Rajani

Associate

Previously – Centrum, IDBI Capital

Financial Institutions

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Surabhi Sanyukta

Vice President

Previously – Caspian, IndoStar

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Chittatosh More

Asst. Vice President

Previously – Ashv Finance, ICICI Bank

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Amruta Maheshwari

Sr. Associate

Saral SCF

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Gaurav Bagrodia

President

Previously – L&T Financial Services, Fullerton

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Shubh Dayama

Asst. Vice President