BlackSoil NBFC Achieves ₹208 Crore Debt Milestone in Early 2024
Monday, 22 July 2024, 05:56
BlackSoil NBFC Funding Overview
BlackSoil NBFC, part of the alternative credit platform BlackSoil Group, has raised ₹208 crore in debt.
Details of the Funding
- 60% of the funding came from new lenders.
- This round of financing took place in the first half of 2024.
Conclusion
The successful debt raising not only showcases BlackSoil NBFC's strong market position but also reflects increasing investor confidence in alternative financing solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.