Investor Profile: VentureSoul Partners — Thesis, Cheque Size & How to Apply

Not every founder wants to dilute equity — and that is exactly the gap VentureSoul Partners fills. This Mumbai-based venture debt firm runs a Rs 600 crore structured-credit fund writing average cheques of Rs 20-25 crore to Series A+ startups. If you are wondering how to get funding from VentureSoul Partners, the short answer is: show established revenue, and use debt to scale without giving up ownership.

Thesis and sweet spot

VentureSoul Partners was founded in 2023 by former HSBC bankers Anurag Tripathi, Ashish Gala and Kunal Wadhwa. It is a SEBI-registered Category II AIF offering structured credit — including growth capital, M&A and ESOP financing — to what it calls new-economy companies: relatively mature startups with proven business and revenue models.

The fund is sector-agnostic with a positive bias towards fintech, B2C, B2B and SaaS, and is also open to CleanTech, HealthTech, SpaceTech, AgriTech and Logistics. Its pitch to founders: flexible, tailor-made debt that improves unit economics and grows recurring revenue without the dilution of an equity round. Typical debt carries a 24-36 month repayment tenure with quarterly repayments.

Cheque size and fund

VentureSoul's maiden fund targets a corpus of up to Rs 600 crore: a Rs 300 crore base plus a Rs 300 crore green-shoe option. It marked its first close at Rs 146.5 crore in September 2024, closed the Rs 300 crore base in November 2025, and is raising the green-shoe portion through February 2026. Average cheques are Rs 20-25 crore (capped at Rs 60 crore), deployed across roughly 20-25 companies. Anchor investor Micro Labs is joined by Rupa Group, Glen Appliances, KreditBee founder E Madhusudan, Perfios CPO Omkar Shirhatti, and promoters of Canpac and Zebronics Group, plus family offices, corporates and HNIs.

Notable portfolio

VentureSoul has deployed capital across 15-17 startups, including PlayShifu, Zolostays, Captain Fresh, HomeLane, Vegrow, Sukkhi, Metalbook, Metro Telworks, Mozark and True Credits. The firm's own timeline shows monthly distributions to unitholders alongside a financial audit by Deloitte, signalling institutional-grade fund operations.

Partners

Co-founders and managing partners Anurag Tripathi, Ashish Gala and Kunal Wadhwa bring deep banking experience in credit and lending. The team blends traditional credit discipline with data-driven risk assessment to structure differentiated lending for high-growth startups.

Programs, credits and perks

VentureSoul is a lender, not an accelerator, so there are no cohort programmes or credits. The value-add is structural: bespoke debt products — growth capital, acquisition financing and ESOP funding — designed around each company's cash flows, plus a strategic partnership approach that helps founders think through capital efficiency as they scale toward profitability.

How to apply for funding

VentureSoul does not run a public application form. Founders at Series A or later with established revenue should reach the team through the contact details on venturesoul.in, ideally with a warm introduction via a portfolio company or an existing investor. Come prepared with audited financials, unit-economics data and a clear use of proceeds — debt investors underwrite cash flows, not just vision.