Blacksoil invests in 3 new deeptech, financial services

16 Sep 2022 CW Team

Venture debt and alternative credit platform, BlackSoil Capital has invested over $8 million in Tonbo Imaging, Paras ARC and Dar Credit, as part of its investment strategy with a focus on deep tech and financial services sectors.

Bangalore-based Tonbo Imaging is an indigenous manufacturer of advanced electro-optics solutions for military and commercial applications. Tonbo develops EOIR systems for tactical, land, naval and aerial applications. The company has signed military modernization programs with the home and defence ministries and also supplies EOIR systems to countries like Spain, France, Morocco, Jordan, the Philippines and Vietnam among others.

Paras ARC, a part of the Prasaditya & Wacom Group, has over $175 million in assets under management (AUM). The ARC, founded in 2008 by M Siva Rama Vara Prasa, is focused on acquiring corporate debt and recently ventured into its first retail debt acquisition. To date, the company has acquired over $935 million in assets worth over $240 million of which it has resolved assets of $65 million.

Also Read
2022 may be record year for residential real estate: report
Delhi RERA tells DDA to register ongoing e-auction schemes

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..