Browsing Tag
equity funding
blacksoil funding: Credit platform BlackSoil raises Rs 100 crore in equity funding
Alternative credit platform BlackSoil, the flagship arm of BlackSoil Group, has raised Rs 100 crore in equity funding through a rights issue, with participation from its existing Indian investors and family offices.The platform will use the funds to enhance its credit profile and strengthen borrowing capacity, cofounder and director Ankur Bansal said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIM KozhikodeIIMK Advanced Data…
Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO
Green energy-focused non-banking finance company Ecofy has raised Rs 90 crore in an equity round from Dutch entrepreneurial development bank FMO.With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own credit rating, the company said in a release on Wednesday. An improved credit rating helps lenders access debt at cheaper rates.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking…