Debt financing

Jobs portal WorkIndia raises $1.5-M from BlackSoil

MyBigPlunge  

Blacksoil Capital has invested USD 1.5 million as venture debt funding in Bangalore-based Eloquent Info Solutions Pvt Ltd, which operates blue-collar recruitment service WorkIndia. The startup plans to direct the funds towards extending its product to multiple geographies across India and strengthen its fraud detection technology.

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