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Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised debt capital by issuing non-convertible debentures (NCDs) to domestic family offices and local high net-worth individuals (HNIs), a top executive told VCCircle. The non-bank lender has raised Rs 50 crore ($6.6 million at current exchange rate) across two tranches. "Given the market ......
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