VentureSoul Partners Launches $72M Maiden Debt Fund for Tech Startups

SUMMARY
VetureSoul Partners is a venture debt firm that announced the launching of its maiden debt fund. VentureSoul Capital Fund I will have a target of $72 million for startups in various sectors. The fund is SEBI-registered category II AIF and has received support from its family offices, High Net worth individuals, Corporations, and other investors. Pharmaceutical startup Micro Labs will be the anchor investor for the company’s maiden fund.
The CXOs will also be participating in the fund including the founder of KreditBee, E Madhusudhan, Ponnuswami M from Pure Chemicals group, and Abhiesk Khemka of Baazar Kolkata. VentureSoul Partners is a Venture debt firm that will lean towards startups in B2C, B2B, Fintech, and SaaS sectors. This fund will help the startups to grow capital, scale up operations, and enhance their technologies. The fund aims to complete its first close soon and invest in startups with detailed revenue models at the series A round.
This fund will provide tech startups with various facilities including mentors who will guide the company through its growth journey with the capital. The fund will be deploying capital from the series A round, with various startups already under evaluation and discussion. This fund by VentureSoul Partners is expected to help Indian startups grow and build robust business models.
Stride Ventures mentioned in a report that India’s venture debt market increased by 50 percent and reached more than 1.2 billion USD market last year due to the increasing confidence of investors and startups. The market grew by a CAGR of 34 percent from 2017 to 2023. The investor’s interest and trust in startups is rising continuously, last month Thinkuvate also launched a Rs 100 crore maiden fund to focus on Indian Tech startups.
Conclusion:
VentureSoul Partners is a Venture debt firm that has announced the launch of a $75 million maiden debt Fund. This debt fund will be invested in India-based Tech startups. The fund is known as VentureSoul Capital Fund I and will have a target of $72 million for startups in various sectors. This fund is in SEBI-registered category II AIF and has received support from its family offices, High Net worth individuals, Corporations, and other investors. Pharmaceutical startup Micro Labs will be the anchor investor for the company’s maiden fund. VentureSoul Partners is a Venture debt firm that will lean towards startups in B2C, B2B, Fintech, and SaaS sectors. This fund will help the startups to grow capital, scale up operations, and enhance their technologies. The fund aims to complete its first close soon and invest in startups with detailed revenue models at the series A round. The fund will be deploying capital from the series A round, with various startups already under evaluation and discussion. This fund by VentureSoul Partnersis expected to help Indian startups grow and build robust business models. India’s venture debt market increased by 50 percent and reached more than 1.2 billion USD market last year due to the increasing confidence of investors and startups.
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