Credit platform Blacksoil Capital has secured $3.4m from more than 60 investors who injected the cash through non-convertible debenture placements.
Blacksoil Capital specialises in venture, structured and real estate debt.
However, the venture has pivoted its focus because of the coronavirus pandemic, YourStory reported.
Now it will focus on sectors set to bounce back quickly from Covid-19 such as healthcare and edtech.
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