Co-Founder & Director,
BlackSoil Capital
Ankur Bansal is the Co-Founder & Director of BlackSoil, which is a new-age venture debt platform also focused on structured debt and real estate debt (legacy business). He has over 15 years of experience in idea origination, credit, M&A execution, investment thesis, commercial negotiations, and post-deal investment management.
Under his leadership, BlackSoil has made credit disbursements of over INR 2,000 Crs across 125 transactions with 75+ notable exits. Some of BlackSoil’s noteworthy investments include 9 unicorns – Upstox, Slice, Mobikwik, Udaan, Infra.Market, Zetwerk, OYO Rooms, Spinny & Purplle along with other prominent companies such as leading roll-up play cloud kitchen company – Curefoods, a pioneer in the EV ride-hailing space – Blu-Smart, women-focused rural housing finance company – Aviom amongst others.
Prior to co-founding BlackSoil, Ankur was employed with J P Morgan investment banking, Mumbai where he led and successfully managed deals such as JSW Energy IPO, Persistent Systems IPO, Axis Bank amongst others. He was also associated with Citi Group where he completed more than two dozen complex capital market transactions encompassing equity, equity linked as well as retail bond deals across various formats such as IPO, QIP, FCCBs, block trades etc. In 2010, Ankur co-founded BlackSoil Advisory (niche boutique advisory IB Firm), to provide advisory & equity support to start-ups & debt support to companies across all sectors. Ankur’s academic background includes a degree from the Institute of Chartered Accountants of India, Chartered Financial Analyst (CFA) Institute and graduation from Narsee Monjee College of Commerce and Economics.