Delhi-based BlackSoil Invests $2.8 Mn In Holisol To Support Expansion Plans
by Inc42 2019-11-27
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source: inc42

Delhi-based supply chain management startup Holisol has reportedly raised INR 20 Cr ($2.8 Mn) in an asset financing round. The company has said that Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd invested in the round.


Holisol reportedly plans to use the funds for expansion, strengthening its team and eliminating existing liabilities.


Founded in 2009 by Manish Ahuja, Naveen Rawat and Rahul S Dogar, Holisol is a supply chain organisation offering end to end solutions enabled by technology for customer’s business. The company claims to have created a design-implement-manage module to offer customers an experience of working like their own extended team with affordable, strategic and operational expertise.


With a team of over 250 employees, Holisol has 28 fulfilment centres taking over 800 sq ft warehousing space. The company claims to have more than 20 pickup centres across over 2000 pin codes.