VentureSoul Partners, a Mumbai-based debt firm, has announced the first close of its INR 600 crore maiden fund, raising Rs 146.5 crore. The fund, registered under SEBI’s Category II AIF, targets a corpus of Rs 300 crore with an additional Rs 300 crore available through greenshoe options. VentureSoul plans to invest in 20-25 startups, with investment ticket sizes ranging from INR 25 crore to Rs 30 crore and capped at Rs 60 crore per company.
Investment Focus on Tech Sectors
VentureSoul’s investment strategy focuses on startups at the Series A stage or later, particularly in the fintech, B2C, B2B, and SaaS sectors. The firm is committed to providing differentiated debt products that address the unique funding needs of growing startups. This approach helps companies improve their unit economics and drive growth in recurring revenue.
Strong Investor Support
The fund has attracted a wide range of investors, including family offices, corporations, high-net-worth individuals, and professionals. Co-founded by Anurag Tripathi, Ashish Gala, and Kunal Wadhwa, VentureSoul provides tailored financing solutions based on the specific business development needs of startups.
Combining Technology
VentureSoul takes a hybrid approach by combining technology-driven risk assessment with traditional credit evaluation to offer unique lending solutions. The firm is sector-agnostic, providing funding to both Indian startups and subsidiaries of foreign companies operating in India.
This maiden fund represents VentureSoul’s dedication to supporting India’s new-age economy. By focusing on technology-enabled startups across diverse sectors, VentureSoul aims to drive innovation and fuel long-term growth.
