Logistics

Holisol raises ₹20 crore asset finance from BlackSoil Capital

Our Bureau Mumbai | Updated on November 26, 2019 Published on November 26, 2019

Holisol Logistics, a supply chain solutions provider, has raised ₹20 crore in asset finance from Mumbai-based NBFC BlackSoil Capital. The New Delhi-based company will use the funds for its business expansion plans and to repay debt.

Holisol had raised equity capital from CLSA and Datavision in earlier rounds, it said in a statement.

“We aim to provide solutions that fit our customers’ business requirements, rather than offering standard products which require the customer to fit in. Holisol has, therefore, created a value proposition of design-implement-manage to offer clients an experience of working with what feels like their own extended team,” Holisol founder Rahul Dogar said.

Holisol manages 1 million sq ft of warehouse space across 27 fulfilment centres in the country and has a clientele including International Tractors, Escorts, Chase New Holland, Oriflame, Amway, and Herbalife, among others.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on November 26, 2019
This article is closed for comments.
Please Email the Editor