VentureSoul Partners Marks Strong Start with Rs 600 Crore Maiden Fund.
VentureSoul Partners has officially launched its debut fund with an impressive first close of Rs 146.5 crore, marking a significant milestone in its journey. The firm aims to raise a total corpus of Rs 600 crore, with an initial target of Rs 300 crore and an additional Rs 300 crore available through greenshoe options.
This SEBI-registered Category II AIF is set to make substantial investments in the Indian startup ecosystem, focusing on fintech, B2C, B2B, and SaaS sectors. The fund plans to back approximately 20-25 startups, with an average investment ticket size ranging between Rs 25-30 crore. Individual investments can go up to Rs 60 crore, targeting startups that are at Series A or later stages with established business models and revenue streams.
VentureSoul Partners has garnered support from a diverse array of investors, including family offices, corporate entities, high-net-worth individuals, and professionals. The fund aims to provide innovative debt solutions tailored to the unique needs of the new-age economy.
Co-founded by Anurag Tripathi, Ashish Gala, and Kunal Wadhwa, VentureSoul is a sector-agnostic fund that offers customized financing solutions to meet the distinct funding requirements and business development goals of each company. The firm’s business model integrates technology-driven risk assessment with traditional credit evaluation to deliver differentiated lending propositions.
The fund is focused on supporting technology-enabled companies, whether Indian enterprises or subsidiaries of foreign companies operating in India. VentureSoul Partners aims to enhance unit economics and drive recurring revenue growth for its portfolio companies, leveraging its expertise and resources to foster their success in a rapidly evolving market.
