Venturi Partners marks first close of second fund at $150 million to back consumer brands

Venturi Partners marks first close of second fund at $150 million to back consumer brands

Venturi Partners has raised $150 million in the first close of its second fund, which will back high-growth consumer brands across India and Southeast Asia. The fund is targeting a corpus of $225 million by June 2026.

As Moneycontrol reported earlier, the Singapore- and Mumbai-based growth equity firm had launched Fund II in March this year with a target size of $225 million and a hard cap of $250 million. At the time, it had guided for a first close of $130 million by the end of the June quarter, anchored by commitments from existing investors.

The $150 million raised in this first close surpasses those initial expectations, and marks strong momentum towards the firm’s overall target. Fund II will look to invest $15–40 million in about 10 companies across high-growth consumer sectors, with an additional option for investors to co-invest on a one-to-one basis.

Building on its debut $180 million fund closed in June 2022, Venturi said its second vehicle will continue to focus on “purpose-driven, disruptive brands” in the region, tapping into structural tailwinds such as rising consumer spending and favourable demographics.

Nicholas Cator, Founder and Managing Partner of Venturi Partners, said the response from investors validated the firm’s investment thesis. “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,” he said.

Rishika Chandan, Managing Partner at Venturi Partners, added that India remains a key part of the firm’s strategy. “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,” she said.

Venturi’s first fund had raised $180 million from prominent European and Asian family offices including Frédéric de Mévius of the AB InBev family and Belgian investment company Ackermans & van Haaren. Its portfolio includes Livspace, Country Delight, Believe, Pickup Coffee, Dali, K-12 Techno Services and JQR, with one more investment in the pipeline.

Founded in 2020, Venturi backs Series B to D stage consumer-centric companies by combining strategic capital with operational expertise. With the latest close, the firm is looking to double down on its positioning as a partner of choice for founders building scale brands in India and Southeast Asia.

This comes at a time when venture capital fundraising in India has picked up after a year-long lull. The total capital raised by VCs in 2025 so far, at over $3.2 billion, has already surpassed the $2.7 billion raised in the whole of 2024.

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The list of recent fund closes includes large foreign investors such as Accel and Bessemer Venture Partners, as well as domestic names like Prime Venture Partners, Elev8 Venture Partners and Cornerstone VC, among others. Several other firms are in advanced talks to close funds later this year, Moneycontrol reported earlier.