New-age small business lender BlackSoil looks to scale business after merger with Caspian Debt

BlackSoil Capital is set to boost lending to mid-market MSMEs after merging with Caspian Debt. The combined entity aims for responsible growth, leveraging economies of scale and diversified capital access. Focusing on businesses with strong cash flows but limited collateral, BlackSoil anticipates doubling profits in two to three years, expanding its reach to underserved sectors.