India: BlackSoil hits first close of maiden secured credit fund at $14.8m

India: BlackSoil hits first close of maiden secured credit fund at $14.8m

Photo: Pixabay

Alternative credit platform BlackSoil has reached the first close of its maiden secured alternative investment fund (AIF) strategy, the  BlackSoil India Credit Fund (BICF), at about $14.8 million (Rs110 crore), it announced on Thursday.

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