Caspian Impact Investments Private Limited

Caspian Impact Investments is an NBFC based in the Financial District at Gachibowli, Hyderabad, providing customised debt financing and equity partnerships to enterprises judged to contribute positively to society and the environment. It is an impact lender by mandate rather than a general-purpose one, which means the intended outcome of the business is part of the credit assessment and not merely a marketing frame. A merger with BlackSoil Capital was announced in September 2024, reported as creating an NBFC with roughly Rs 2,000 crore in assets under management.

For a founder this is one of the more genuinely startup-literate lenders on the panel. Caspian has spent years underwriting early and growth-stage companies with unconventional balance sheets, which is a materially different skill from lending against property. It is the natural first call if your startup has a defensible social or environmental thesis in areas such as climate, healthcare access, financial inclusion, livelihoods or education. Confirm the current entity and mandate following the merger before you approach.

Its role in the Credit Guarantee Scheme for Startups. Caspian Impact Investments Private Limited is one of 40 institutions registered with the National Credit Guarantee Trustee Company as a CGSS Member Institution (NCGTC MLI ID 133, classified as a RBI-registered NBFC). Member Institutions are the lenders that actually extend credit under the scheme: you borrow from Caspian Impact Investments Private Limited, and NCGTC guarantees it against your default. That guarantee is what allows credit to be extended to a DPIIT-recognised startup without collateral, with cover of up to Rs 20 crore per borrower, being 85 percent of the amount in default on loans up to Rs 10 crore and 75 percent above that.

The terms are the lender's, not the scheme's. CGSS fixes the guarantee, not the loan. The interest rate, tenure, moratorium, repayment schedule and how the Annual Guarantee Fee is passed on to you are all set by Caspian Impact Investments Private Limited under its own credit policy, and they differ materially between Member Institutions for an identical borrower. Registration does not oblige Caspian Impact Investments Private Limited to lend: it appraises you on its normal credit standards first and applies the guarantee second. Approaching more than one Member Institution is almost always worth the effort.