Whalesbook
BlackSoil Capital and Caspian Debt have merged, creating a $215 million non-bank lender focused on Small and Medium Enterprises (SMEs) and impact-led businesses. The combined entity, operating as BlackSoil Capital Pvt Ltd, boasts ₹1,900 crore in assets under management and ₹14,000 crore in cumulative disbursements. This merger aims to address credit gaps for overlooked businesses and expand reach into key sectors like agriculture, healthcare, and technology, with a target of 25% annual growth.