Singapore – Singapore-based investment platform that empowers brands in India and SEA, Venturi Partners, has announced that its maiden fund has hit its final close of US$175m. The platform may, however, increase the quantum of the fund with the demand for investments going up.
The investment platform’s expertise lies in identifying and supporting Asian high-growth consumer companies with an online or offline presence in sectors ranging from FMCG to education and healthcare services. The Venturi team has, in their previous roles, invested in and supported a variety of consumer brands such as Byju’s, Lazada, and Burger King, as well as Domino’s, amongst others.
Venturi said that it has already deployed 30% of the fund across three investments in India and Southeast Asia, and aims to deploy the rest over the next 24 months. The platform invests US$10m to US$40m in series B to series D rounds. Moreover, the team has strong prior entrepreneurial and operating backgrounds and will leverage this experience to be a value-added partner to its companies.
Nicholas Cator, Venturi Partners’ managing partner, noted that their aim is to build a long-term, partnership-based investment platform with a small number of families with similar values that want to participate in the Asian consumer growth story.
“We offer our families more transparency on our portfolio than a traditional fund and will offer up to 100% of their commitment in co-investment opportunities. This enables us to deploy larger amounts into our portfolio companies and to support them over multiple rounds,” said Cator.