VentureSoul Partners has introduced its inaugural debt fund, VentureSoul Capital Fund I, with a target corpus of Rs 600 crore ($72 million).
This SEBI-registered Category II Alternative Investment Fund (AIF) has already garnered commitments from family offices, corporates, high-net-worth individuals (HNIs), and other notable investors.
Pharmaceutical company Micro Labs serves as the anchor investor for this initial fund. Key CXOs involved include E Madhusudan, founder of Kreditbee, Abhishek Khemka of Baazar Kolkata, and Ponnuswami M from Pure Chemicals Group.
Founded by Anurag Tripathi, Ashish Gala, and Kunal Wadhwa, VentureSoul Partners is a sector-agnostic fund with a focus on startups in the fintech, B2C, B2B, and SaaS segments.
The fund aims to provide growth capital to startups, targeting companies with established revenue models at the Series A stage or beyond. The first close of the fund is expected soon, marking a significant step in VentureSoul Partners’ strategy to support emerging businesses.
