BlackSoil Capital Private Limited

BlackSoil Capital Private Limited is a prominent alternative investment firm based in Mumbai, India, specializing in private debt and equity investments across various sectors. Established in 1995, the firm has evolved into a significant player in the Indian financial landscape, focusing on providing tailored financing solutions to small and medium-sized enterprises (SMEs) and high-growth companies. Over the years, BlackSoil has developed a diversified portfolio, encompassing sectors such as technology, healthcare, real estate, and financial services, reflecting its commitment to fostering growth across multiple industries.

In November 2025, BlackSoil Capital Private Limited completed a strategic merger with Caspian Debt, an impact-focused lender, following approvals from the National Company Law Tribunal (NCLT) and the Reserve Bank of India (RBI). This merger, effective from November 1, 2025, resulted in a combined entity with an asset under management (AUM) of approximately ₹1,900 crore (around $215 million) and cumulative disbursements of nearly ₹14,000 crore across 550 companies. The integration has enhanced BlackSoil's capacity to offer comprehensive financing solutions, including early-stage innovations, growth-stage companies, and mid-market firms, thereby strengthening its position as one of India's largest SME- and impact-focused alternative credit lenders.

The firm's investment strategy is characterized by a focus on sectors such as technology, healthcare, real estate, and financial services, with a particular emphasis on supporting SMEs and high-growth companies. BlackSoil's approach combines traditional financing methods with innovative solutions, aiming to address the unique challenges faced by emerging businesses in India. The recent merger with Caspian Debt has further bolstered BlackSoil's lending capabilities, enabling it to provide a broader range of financial products and services to its diverse clientele. This strategic expansion underscores BlackSoil's commitment to fostering sustainable growth and development within India's dynamic economic landscape.