BlackSoil deploys Rs 220 Cr, sees 40% AUM growth in first quarter

Quick Summary:

The platform has invested in seven new businesses, exited from 5, totaling 10 transactions, with a 40% year-on-year growth in Assets Under Management (AUM).

Our success in executing strategic exits alongside new investments demonstrates our agility in navigating market dynamics," he added.

Approximately 36% of investments in Q1FY25 were allocated to the consumer sector, 34% to Financial Institutions (FI), and 29% to SaaS/DeepTech/IoT.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: India

Topics: Policy Privacy Q1fy25 Portfolio Platform Year-on-year Blacksoil Services Investments Exited Growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 06:35:25 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 22 lines

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Copyright Owner: © YourStory

News ID: 21895197

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