**Venturi Partners Launches Second Fund Targeting $225-250 Million for Consumer Investments**
Venturi Partners, a growth-stage investor focused on consumer markets in India and Southeast Asia, has announced the launch of its second fund, aiming for a corpus of $225-250 million. The Singapore-based firm has previously invested in notable consumer companies in India, such as Country Delight, Livspace, K-12 Techno, and Pickup Coffee. This new fund will concentrate on high-growth sectors including retail, education, healthcare, and fast-moving consumer goods (FMCG), maintaining its focus on India and Southeast Asia.
### Fundraising Goals and Investor Support
Venturi aims to secure $130 million for its second fund by the July-September quarter, bolstered by strong backing from existing investors. In April 2022, the firm successfully raised $180 million for its first fund from prominent families across Europe and Asia. To date, this initial fund has facilitated investments in seven consumer companies spanning various sectors such as education, food and beverage, beauty and personal care, retail, and home interiors.
### Active Ownership Approach
Nicholas Cator, founder of Venturi Partners, stated, “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.”
### Recent Investments
– In May 2022, Venturi acquired a 5.12% stake in Bengaluru-based edtech startup K12 Techno Services Pvt. Ltd from Navneet Education Ltd for ₹225 crore ($27 million).
– In 2022, Country Delight, a Gurugram-based milk and grocery delivery platform, raised $108 million in a Series D funding round led by Venturi and Singapore’s Temasek.
– Last month, Venturi invested $25 million in JQR (Just Quick Run), acquiring a minority stake in the affordable footwear company.
### Market Trends
The previous year saw a resurgence in late-stage funding in India, paving the way for several significant fundraising rounds ahead of initial public offerings (IPOs). This trend is expected to continue as more prominent companies prepare to go public. Additionally, mid-market deals experienced a reasonable increase, while seed and early-stage deals faced challenges, according to data from market intelligence platform Tracxn.
**Conclusion**
As Venturi Partners embarks on this new fundraising journey, how will their investments shape the consumer landscape in India and Southeast Asia?
**FAQ: What sectors will Venturi Partners focus on with its second fund?**
Venturi Partners will target high-growth sectors such as retail, education, healthcare, and fast-moving consumer goods (FMCG) with its second fund.
