BlackSoil AUM Grows 25% YoY in Q2FY25

BlackSoil, a leading alternative credit platform, disbursed ₹233 Crore ($29 Mn) across 11 portfolio companies in Q2FY25, with investments spanning financial institutions, healthcare, logistics, and consumer businesses. The investments included 7 new portfolio companies and 4 recurring clients, reflecting a balance between expanding partnerships and nurturing long-term relationships with the existing ones. 

The Company's Assets Under Management (AUM) grew by ~25% year-on-year, driven by steady investment activity. Additionally, BlackSoil exited 11 investments during the quarter, demonstrating ongoing progress in its portfolio management. 

Key highlights of Q2FY25: 

• AUM grew ~25% YoY

• Over ₹230 Crore ($29 Mn) disbursed 

• 11 investments, including 7 new portfolio companies and 4 recurring clients, with over 80% of these businesses being EBITDA positive

• 11 successful exits 

• Top sector investments: Financial Institutions, SaaS/DeepTech/IoT, and Consumer 

• Notable exits include Upstox, Yatra, Jai Kisan, HealthPlix and Mozark

Ankur Bansal, Managing Director of BlackSoil, commented, "This quarter's diverse investments across diverse sectors reaffirm our commitment to empowering high-potential, high-growth startups. We are excited about our continued momentum and the impending merger of Caspian Impact Investments into BlackSoil, which will further strengthen our position in the market. Looking ahead, we are eager to support more innovative entrepreneurs in the coming quarters."

BlackSoil's portfolio companies have collectively raised over ₹2,100 Crore ($260 Mn) in the first half of FY25, underscoring the strength of the company's financing and its ability to identify promising ventures.

The company remains well-positioned to capitalise on emerging opportunities in the alternative credit space, leveraging its expertise in identifying and nurturing high-potential companies across diverse sectors.