Caspian Impact Investments and BlackSoil Capital Announce Strategic Merger
Caspian Impact Investments and BlackSoil Capital will merge after board approvals, creating a major player in the alternative credit segment with over Rs 2,000 crore in AUM. Post-merger, the combined entity will enhance credit solutions for startups, financial institutions, and MSMEs, and expand its footprint in major cities like Mumbai and Delhi.
- Country:
- India
NBFC firm Caspian Impact Investments and BlackSoil Capital have announced their merger following approvals from their respective boards, as per a joint statement.
Post-merger, once regulatory approvals are received, Caspian Debt will be fully integrated into BlackSoil, creating one of the largest players in the alternative credit segment.
With a combined AUM of over Rs 2,000 crore, the new entity BlackSoil will be well-equipped to capitalize on growth opportunities, providing extensive credit solutions to startups, financial institutions, and MSMEs in a dynamic marketplace.
According to the companies, the merger will enhance market presence and competitive edge, adding that combined disbursements stand at over Rs 10,000 crore across 450-plus companies.
Additionally, both firms share a commitment to ESG principles and impact investing, which will ensure seamless integration and cultural alignment.
The combined entity, BlackSoil, will expand its geographical footprint across major metro cities like Mumbai, Hyderabad, Delhi, and Bengaluru.
(With inputs from agencies.)
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