HomeNewsBlackSoil Capital pumps Rs 12 crore in Freightwalla, UpMoney and Rapidox
spot_img

BlackSoil Capital pumps Rs 12 crore in Freightwalla, UpMoney and Rapidox

Date:

Trending

Debt round venture fund BlackSoil Capital has invested over Rs 12 crores in digital freight forwarding startup Freightwalla, UpMoney NBFC, and D2C affordable fashion player Rapidbox.

Speaking on the investments, Ankur Bansal, Co-founder and Director, BlackSoil said, “We have provided debt funds tailored for these companies to provide cash to meet the growth & working capital needs which are crucial for the fast-paced growth these companies are witnessing.”

- Advertisement -

“We hope to build upon these relationships to be their long-term partners as they scale manifold in a sustainable manner. Blacksoil is excited with the vast opportunity available for these companies to tap and grow exponentially in the coming couple of years,” Ankur added.

“With this round, BlackSoil has concluded 50 debt transactions to VC-backed growth companies and startups by deploying more than INR 500 Crs in the past 4.5 years,” the statement said.

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
spot_imgspot_imgspot_imgspot_img

More Latest Stories

spot_img

Related Stories