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News · 3 October 2026BlackSoil CapitalAlternative credit platformblacksoil.co.in ↗

BlackSoil Capital targets ₹2,400 crore lending

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NewsFinancial ServicesMumbaiFounded 2010
  • BlackSoil Capital is a Mumbai-based lender regulated as an NBFC, offering credit to small businesses and new-economy companies
  • It aims to deploy ₹2,400 crore in 2026-27, having already lent ₹1,600 crore this year, including ₹700 crore in the first quarter
  • Rising demand for funding linked to public share offerings is behind the higher target

What happened

  • BlackSoil Capital expects to put ₹2,400 crore to work in FY27.
  • It has already extended ₹1,600 crore of credit this financial year.
  • In the first quarter alone it committed ₹700 crore.
  • Demand for IPO-linked funding is lifting its pipeline.

Why it matters

  • Shows how a busy IPO market feeds demand for alternative credit.
  • A higher target signals the lender is growing its book in FY27.

The business

  • BlackSoil Capital is an alternative credit platform.
  • It is an RBI-registered NBFC (non-bank lender).
  • It serves SMEs and new-economy companies.

The founders

AB

Ankur Bansal

Co-founder
in
MP

Mohinder Pal Bansal

Co-founder
in

In numbers

₹2,400 CrFY27 credit target · 2026-27
₹1,600 CrCredit extended so far in FY27 · 2026-27
₹700 CrQ1 commitments · 2026-27

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