The company's year-on-year disbursements grew by 110 percent, and assets under management (AUM) grew by nearly 50 percent (year-on-year).
Ankur Bansal, Co-Founder and Director, said, “Our prudent investment practices strengthen our market position, underpinning successful exits and strategic investments. As we navigate the FY2025 landscape, we look to drive value And remain steadfast in our commitment to maintaining the upward trajectory.” of Blacksoil, said in a statement.
“This extraordinary year highlights our ability to identify and support niche businesses with immense potential, positioning us as a catalyst for innovation across sectors,” he said.
Blacksoil said its investment strategy focuses on diversification with a portfolio spread across different sectors.
In the January-March quarter of FY24, fintech accounted for 37 per cent of total investments, followed by SaaS/Deeptech/IoT at 18 per cent.
During this period, the alternative credit platform invested in notable fintech companies such as RuPay, Verizon and OTO.
It also exited major companies like Freight Tiger, Homeville Gru and Coy Pharmaceuticals, where it had made debt investments.
Additionally, the company noted that several of Blacksoil's existing portfolio companies have achieved notable milestones, with nine investors raising a total of more than $100 million in capital in Q4FY24.
Nearly 90 per cent of the companies in its existing portfolio are EBITDA positive.
Ankur Bansal, Co-Founder and Director, said, “Our prudent investment practices strengthen our market position, underpinning successful exits and strategic investments. As we navigate the FY2025 landscape, we look to drive value And remain steadfast in our commitment to maintaining the upward trajectory.” of Blacksoil, said in a statement.
“This extraordinary year highlights our ability to identify and support niche businesses with immense potential, positioning us as a catalyst for innovation across sectors,” he said.
Blacksoil said its investment strategy focuses on diversification with a portfolio spread across different sectors.
In the January-March quarter of FY24, fintech accounted for 37 per cent of total investments, followed by SaaS/Deeptech/IoT at 18 per cent.
During this period, the alternative credit platform invested in notable fintech companies such as RuPay, Verizon and OTO.
It also exited major companies like Freight Tiger, Homeville Gru and Coy Pharmaceuticals, where it had made debt investments.
Additionally, the company noted that several of Blacksoil's existing portfolio companies have achieved notable milestones, with nine investors raising a total of more than $100 million in capital in Q4FY24.
Nearly 90 per cent of the companies in its existing portfolio are EBITDA positive.
