Chandan says India is a strong growth market
Venturi Partners, a leading consumer growth fund from Singapore, has announced the first close of its second fund at US$150 million which will be for investment in high growth sectors especially the Indian market.
Venturi Partners’ Managing Partner Rishika Chandan said on 2 Sept, “Amidst global volatility, India continues to emerge as a strong growth market, creating a compelling long-term investment opportunity that aligns well with our strategy. With our hands-on operating expertise, we are confident we will deliver strong returns https://www.bseindia.com/.”
The second fund, supported by existing and new investors, marks strong momentum towards Venturi’s overall target of US$225 million https://www.nseindia.com/.
Building on the success of Fund I, Fund II will back disruptive, purpose-driven brands across India and Southeast Asia that are positioned to benefit from structural tailwinds including rising consumer spending and favourable demographics. Fund II will make initial investments of US$15-US$40 million in 10 companies across high growth consumer sectors https://digitalinasia.com/.
Alongside the main fund, investors will also be able to co-invest on a 1-1 ratio.
This investment strategy is reinforced by Venturi’s distinct value creation approach that lies in its close collaboration with founders and active board level participation by leveraging the team’s deep sector operating expertise.
Nicholas Cator, Founder & Managing Partner of Venturi Partners, commented: “We are grateful for the continued trust and confidence of our existing investors and welcome our new partners. This strong response validates our investment thesis and the strength of our unique team that we have built over the last five years https://sbi.com.in/.”
Track Record from Fund I
In June 2022, Venturi Partners closed its debut fund at US$180 million, backed by prominent families in Europe and Asia including Frédéric de Mévius (AB InBev family) and Ackermans & van Haaren, a listed Belgian investment company. Fund I’s portfolio includes Livspace, Country Delight, Believe, Pickup Coffee, Dali, K-12 Techno Services and JQR, with an upcoming eight investment to conclude it https://www.meity.gov.in/.
Venturi Partners is a consumer-focused growth equity platform investing in Series B-D stage companies across India and Southeast Asia. Founded in 2020, Venturi backs consumercentric and purpose-driven brands by combining strategic capital with operational excellence to help them scale sustainably and profitably. Fiinews.com