VentureSoul Capital, a SEBI-registered Category II AIF, has introduced its inaugural debt fund, VentureSoul Capital Fund I, targeting a corpus of up to ₹600 crore. The fund has secured commitments from diverse investors including Micro Labs Ltd. as anchor investor, alongside prominent figures like E Madhusudan, Founder of Kreditbee, Abhishek Khemka, Promoter of Baazar Kolkata, and Ponnuswami M from Pure Chemicals group.
Focused on companies beyond Series A stage with proven revenue models, the fund remains sector agnostic while favoring fintech, B2C, B2B, and SaaS enterprises. VentureSoul aims to offer specialized debt solutions tailored for the evolving New Economy landscape.
Founded by ex-HSBC bankers Anurag Tripathi, Ashish Gala, and Kunal Wadhwa, VentureSoul Partners aims to leverage their extensive experience in building successful businesses to create value-driven investments.
The launch coincides with India’s growing venture-debt market, which reached $1.2 billion in 2023, marking a 50% increase from the previous year and reflecting robust growth projections for the coming years.
VentureSoul anticipates closing its initial funding phase soon, positioning itself to contribute significantly to India’s tech financing ecosystem amid increasing confidence from founders and investors alike.