BlackSoil Realty Fund

Sowparnika caters to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs

Company that provides debt capital says its assets under management have grown 55% YoY

BlackSoil currently manages an alternative credit platform consisting of an RBI-registered NBFC and three SEBI-registered AIFs

Sheth Developers had received an investment of Rs 30 crore from the fund in Aug 2014

The Mumbai-based fund has made five other investments in the past in Mumbai, Chennai, Bengaluru and Hyderabad