BlackSoil

🔋Portfolio Milestone: Battery Smart Hits 50M Swaps!💥 Proud to share that our portfolio company Battery Smart has achieved 50 million battery swaps across India! With 1,400+ swap stations across 35+ cities and supporting 60K drivers, this achievement has cemented #BatterySmart's position as the nation's leading battery-swapping network. As their growth partner, BlackSoil is excited to back their mission of making sustainable mobility accessible for all. Congratulations to Team Battery Smart! Here's to powering India's electric future.⚡ #BlackSoilPortfolio #EVInnovation #StartupIndia Pulkit Khurana | Siddharth Sikka | Ankur Bansal | Vaibhav Nigam | Rohan Dani | Shikhar Dayama

We are proud to share that BlackSoil Capital has won the Bronze award for 'Responsible Investor of the Year' at the Climate Action Awards 2024, co-hosted by Times Now and Boston Consulting Group (BCG), at the the 6th Global Sustainability Alliance - SDG Summit. At BlackSoil, #ESG is woven into our DNA. We have implemented strong policies and processes to uphold global ESG standards. These principles guide our investment approach, creating a positive impact and fostering a sustainable future. Our efforts are reflected in the substantial impact our portfolio made in FY24. Some key achievements include: - Served over 73 million customers - 55% of the portfolio supported beneficiaries from Low-Income Groups (LIG)* and 51% from Economically Weaker Sections (EWS)** - 53% of its portfolio backed SMEs, generating indirect livelihoods - Collectively employed 40,500+ full-time employees - Alignment with 14 UN Sustainable Development Goals (SDGs) By adhering to ESG standards, BlackSoil not only strengthens its portfolio but also contributes meaningfully to financial, societal and environmental progress. *Annual Income ₹3-6 LPA **Annual Income <₹3 LPA Neelam Pandita | Sejal Vanzare | Ankur Bansal

In Q3 2024, India saw an impressive $3.4 billion surge in startup funding, reaffirming the resilience and rapid growth of the nation's vibrant startup ecosystem, reported Inc42 Media. Among the key players driving this momentum, BlackSoil emerged as the sole leader in the alternative credit space and 3rd most active player in the overall space, showcasing our unwavering commitment to supporting high-growth businesses across diverse sectors.💥 We are proud to play a pivotal role in fueling innovation and empowering entrepreneurs as they shape the future. The path ahead is full of opportunity and promise! 🌱📈 A big thank you to Inc42 for recognising the impact of investors shaping India's startup landscape! Ankur Bansal | Mohinder Pal Bansal | Vaibhav Nigam | Surabhi Sanyukta | Chittatosh More | Chirag Shah | Manish Srivastava | Sandeep Anand Shaw | Anuj Gothi | Benjamen Arwade | Kosha Bhalavat | Ankit Bhuptani | Hetal Pandya | Ashwat Malhotra | Neelam Pandita | Soumita Ghorui #StartupEcosystem #VentureCapital #IndiaStartups #AlternateCredit #BlackSoil #Entrepreneurship

India's stock market surge has fueled a wave of IPOs, but as Vibhuti Sharma's in-depth analysis reveals, it is a double-edged sword for venture investors. While the favourable public market environment has unlocked attractive exit opportunities for PE and VC firms, late-stage tech companies are now pushing for higher valuations, often benchmarking against listed peers. Ankur Bansal, Managing Director at BlackSoil, cautioned, "The public market can indicate sector sentiment but shouldn't be relied upon as the primary basis for valuations." He added, "Valuing hyper-growth startups is especially challenging, as valuation multiples can vary widely depending on projected revenue figures." Anirudh A D., Managing Partner at Artha Venture Fund, noted, "These lofty valuations are making it tough for investors to find value in later-stage deals." Read more: https://lnkd.in/ehYzQKKH

Mr. #RatanTata has been a beacon of inspiration for millions, including all of us at BlackSoil. His legacy is defined not only by his extraordinary achievements but by the positive impact he made on countless lives. His humility, ethics, and visionary leadership showed us that true success is about making a meaningful difference in the world. We pay tribute to this visionary leader, nation builder and remarkable human being whose influence will continue to inspire generations to come!

In her recent report, Anushka Sengupta highlighted the challenging funding environment for Indian fintechs, with valuations dropping and regulatory scrutiny rising. Despite abundant dry powder, investors are now prioritising profitability and sustainability over aggressive growth. Sharing his perspective, our Managing Director Ankur Bansal noted that while the sector may have once appeared unregulated, it is susceptible to regulatory oversight. He emphasised that for resilient companies with strong business models, the current dip in funding is not a primary concern as long as they continue to perform within the bounds of compliance and governance. Brijesh Damodaran, Partner at Auxano Capital added that there is still enough capital which is waiting to be deployed even though investors are cautious. For fintechs built on solid foundations, this is an opportunity to showcase strength and adaptability. ETBFSI | Surabhi Sanyukta | Soumita Ghorui Read the full story: https://lnkd.in/gsiuWQ6V #Fintech #Investment #Regulation #Governance #Sustainability #IndianStartups #Fundings #Valuations

Our VP of Investments, Surabhi Sanyukta, was recently featured in a story by S Shanthi of Financial Express (India). In it, she offered her insights on the rapid shift of newer direct-to-consumer (D2C) brands towards the omnichannel approach. Surabhi pointed out that offline stores not only help brands engage with traditional consumers and build credibility but also significantly impact business outcomes. “In-store average order value (AOV) is two-to-three times higher than online,” she noted, adding that offline stores see a 50-60% higher conversion rate. Check out the full article to explore how D2C brands are evolving with changing consumer preferences! #D2C #RetailTrends #Omnichannel #InvestmentInsights #BlackSoil

We are thrilled to celebrate the incredible milestones achieved by our portfolio companies in September, showcasing remarkable growth, innovation, and leadership in their respective sectors! From successful fundraises to landmark IPOs and achieving Unicorn status, our portfolio is stronger than ever. ✨✨ Everest Fleet Pvt. Ltd. | HomeLane | MONEYBOXX FINANCE LIMITED | Manba Finance Ltd | Kaleidofin Private Limited | Moneyview Congratulations to all the teams for their dedication and hard work in reaching these milestones! We are proud to support and be a part of their journeys, and we cannot wait to see the new heights they will reach next. Together, we are driving meaningful impact and shaping the future! Vaibhav Nigam | Surabhi Sanyukta | Chittatosh More | Kinjal Mehta | Rohan Dani | Shivani Das | Ashley Jhaveri | Shikhar Dayama | Kushagra Verma | Ankur Bansal | Soumita Ghorui | Mohammed Junaid Iqbal | Benjamen Arwade | Kosha Bhalavat | Neha Mantri #PortfolioCompanies #Success #Fundraising #IPODebut #UnicornStatus #Growth #BusinessExpansion #Finance #Investment #Milestones

🎉 Congratulations to Manba Finance Ltd. on their stellar stock market debut! 🚀 Manba Finance (NBFC) has made an impressive entry with shares listing at a 25% premium over the IPO price! 🎯 With an IPO size of $18M+, the issue was subscribed 224 times and fully booked on the very first day of launch—a clear reflection of the market's confidence in their vision and growth. A renowned provider of tailored financial solutions designed to meet a variety of needs, Manba Finance continues to empower customers through innovative and flexible offerings. We are incredibly proud to be associated with Manba Finance and witness their tremendous journey. Here's to their continued success and growth! 🌟 @Manish K Shah | @Monil M Shah | Chittatosh More | Mohammed Junaid Iqbal | Benjamen Arwade | Ankur Bansal https://lnkd.in/gRAY6rne #IPO #StockMarketDebut #ManbaFinance #TailoredFinance #PortfolioCompany #ProudMoment #InvestmentSuccess #FinanceGrowth

Our Sr. VP - Investments Vaibhav Nigam was one of the panellists at the “Growth Capital and Strategic Exits” event organised by CII and Trugrowth Advisors in Chandigarh. The panel shed lights on different sources of growth capital, nuances of each of the sources along with exit strategies for each of them. Confederation of Indian Industry | @true growth | @venture pathways #leadershiptalks #paneldiscussion #industryinsights