BlackSoil Capital Eyes More Acquisitions for Growth, Diversification: Ankur Bansal

• BlackSoil Capital, led by Ankur Bansal, is open to further acquisitions to diversify its business and achieve scale, following the Caspian Debt acquisition and Rs 65 crore equity raise.
• The company is actively reducing concentration risk in its portfolio and diversifying funding sources, with a focus on FinTech and personal loan segments after pausing NBFC lending for 9 months.
• BlackSoil aims for 20-30% annual growth, prioritizing prime customers and managing NPAs, even if it means lower yields.
• Strong reliance on unlisted NCDs from HNIs is a key funding strength, with plans to explore development financial institutions (DFIs) for climate finance initiatives.
• Post-Caspian merger, BlackSoil's net worth is Rs 700 crore, enabling better granularity and growth, while selectively restarting NBFC lending with improved data.

Why It Matters: BlackSoil Capital is strategically pursuing acquisitions and diversified funding to fuel growth while mitigating risks.