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BlackSoil Capital Completes Merger with Caspian Debt, Forms New NBFC with INR 1,900 Cr AUM

Banking/Finance

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Published on 19th November 2025, 11:48 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

Venture debt firms Blacksoil Capital and Caspian Debt have completed their merger, forming BlackSoil Capital Private Limited. The combined entity manages INR 1,900 crore in assets and aims for 25% AUM growth. The merger aims to provide flexible credit to over 5,000 potential borrowers, focusing on sectors like agritech, healthcare, and fintech.