Singaporean growth-stage investor Venturi Partners has launched its second fund of $225 million that will target retail, education, healthcare, and packaged goods sectors, the fund said in a statement.
Founded in 2020, Venturi Partners is an Asia-focused investment platform that enables consumer-facing businesses to build disruptive brands in India and Southeast Asia.
Venturi is aiming for a first close by the second quarter of this calendar year at $130 million, backed by continued support from existing investors.
In April 2022, Venturi had raised $180 million from wealthy families in Europe and Asia, which it invested in seven high-growth consumer companies across sectors such as education, beauty and personal care, retail, and home interiors.
Its existing portfolio includes Livspace, Country Delight, Believe, Pickup Coffee, DALI, K-12 Techno and JQR.
Venturi’s second fund builds on the success of Venturi’s first fund, with a continued focus on India and Southeast Asia, the statement said.
“Our investment philosophy remains unchanged, backing brands that create meaningful change and deliver innovative solutions to consumers. We take an active ownership approach with our portfolio companies, working closely with founders to help unlock growth and scale their businesses. With this second fund, we are excited to continue partnering with ambitious entrepreneurs across the region,” Nicholas Cator, founder of Venturi Partners, said.
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