Get All Access for $5/mo

VentureSoul Partners Unveils INR 600 Cr Debt Fund Corporates and CXOs have committed to investing in VentureSoul Partners, and the firm will support startups that are at series A or beyond.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

[L-R] Ashish Gala, Kunal Wadhwa, & Anurag Tripathi, Co-founders and Managing Partners, VentureSoul Partners

Venture debt firm VentureSoul Partners has announced the launch of its maiden debt fund, called VentureSoul Capital Fund I, with a target corpus of INR 600 crore (USD 72 million).

The SEBI-registered Category II AIF has so far received commitments from a mix of family offices, corporates, HNIs, and other eminent investors.

Pharmaceutical company Micro Labs is the anchor investor for the firm's maiden fund. Among the CXOs taking part in the fund are Ponnuswami M from the Pure Chemicals group, Abhishek Khemka of Baazar Kolkata, and E Madhusudan, the founder of KreditBee.

Founded by three former bankers, Anurag Tripathi, Ashish Gala, and Kunal Wadhwa, VentureSoul Partners is a sector-agnostic fund that tends to support entrepreneurs in the finance, B2C, B2B, and SaaS domains.

As per the official release, the fund is aiming to do its first close soon and will invest in companies that are at series A or beyond stage with a demonstrated revenue model.

According to the company, it will focus on delivering differentiated debt solutions to companies from the new economy.

Paromita Gupta

Entrepreneur Staff

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business News

Mark Cuban Warns About Fake Fundraisers on Social Media After Assassination Attempt: 'Makes Things Worse'

Mark Cuban warned his followers about online grifters who try to capitalize on tragedy.

Business News

Elon Musk Endorses Trump, Says He's Faced Two Recent Assassination Attempts: 'Dangerous Times Ahead'

Elon Musk endorsed former President Trump minutes after the failed assassination at a rally in Pennsylvania and says two attempts have been made on his life while living in Texas.

Starting a Business

He Started an 'Accidental' Business at 25 With Just $2,000 — Then Gave His Product to the Pope: 'Anyone Can Be an Entrepreneur'

Michael Aram, founder of the namesake luxury home and jewelry brand, learned the art of metalworking in India — and used it to launch a global brand.