Venture capital firm Venturi Partners has launched its second fund, Fund II, with a corpus of $225 million, which is the second fund that they have announced. The move signals the firm’s strategy to spur growth in consumer focused brands across India as well as Southeast Asia.
Fund II: Objectives and Strategy
According ro rhe reports of Entrackr, Fund II was looking to invest in growth stage companies in sectors such as FMCG, education, healthcare services, retail, etc. This will enable Venturi Partners to deploy the capital across the multiple segments including quick commerce, edtech, and healthtech in line with the focus of the emerging consumer trends in the region. The firm tends to deploy Series B to Series D where the average tickets range $10 million to $40 million and seeks equity stakes between 5–10%.
Building on Previous Success
Venturi’s new fund stands on the back of good success of its maiden fund raising $175 million. And investments in notable names such as Livspace, an Indian online home design firm, and Country Delight, a direct-to-consumer dairy brand were some of its initial fund’s investments. By backing brands like these that are evolving to the modern consumer by his needs, Venturi is demonstrating his strategy investing in these types of businesses.
Recent Investment in JQR
The recent investment of $25 million by Venturi Partners in Just Quick Run (JQR) is in line with the principle of the investment philosophy through which the company operates in the field of affordable footwear. JQR was founded in 2014 by brothers Rinku, Sunil, and Manish Garg, and the brand has created itself as a trusted name in the $12 billion mid and economy priced footwear market of India. The investment would help JQR expand from new offline markets, launch into online channels and improve the quality of its products, which is in demand by Indians to buy affordable, quality sneakers.
Venturi’s Commitment to Value AdditionAs opposed to other companies, Venturi Partners stands out in the provision of more than capital to its portfolio companies. The firm is a conduit for its strategic expertise, operational support, and a real understanding of what drives consumer behavior to enable brands to grow fruitfully and retain their DNA. This ties with Venturi’s intent to give audacious brands from different sectors like retail, education, healthcare, and FMCG.
Future Outlook
Venturi Partners is set to double down its impact on India and Southeast Asia with the launch of Fund II. Focusing on discovering and developing the businesses catering to the changing consumption pattern of consumers, puts the firm in good stead to leverage on the region’s vibrant market potential. Given Venturi’s support for innovative brands, the company can expect growth and value creation in the consumer sector to accelerate on the back of its contributions.
Conclusion
With the announcement of its $225 million Fund II, Venturi Partners is making a milestone in its ambition to help build consumer brands in India and Southeast Asia. With its investment expertise and strategic support, Venturi seeks to assist the development of a brand which resonates with the modern consumer so that it can contribute to the progress of the region’s economy and for the fulfillment of the consumer.
