Venture debt investor BlackSoil raises $30m to lend to mid- and growth-stage startups

Venture debt platform BlackSoil, which has backed Indian unicorns such as OYO and Spinny, said on Tuesday it has raised over $30 million (Rs 250 crore) through its financial products from family offices, notable ultra-high-net-worth individuals/high net-worth individuals, and marquee institutions.