Asian private equity firm Venturi Partners plans to launch a USD 75-100 million fund in India later this year, targeting local consumer-focused growth-stage companies. This fund will be sourced from top Indian family offices, offering them an exclusive investment platform as per media reports.
Venturi Partners aims to differentiate itself by catering specifically to family offices with a smaller, specialised Alternate Investment Fund (AIF).
The firm has previously backed companies like Livspace, Country Delight, and K12 Techno through its USD 180 million Asia fund and plans to follow a similar investment strategy with the new India AIF.
Media reports reveal that Venturi has invested around 60-65 per cent of its flagship Asia fund in India, with the rest in Southeast Asia. The company views India as a key market due to its substantial consumer spending, which accounts for 60 per cent of the GDP.
According to media reports, it also plans to raise a USD 250-300 million Asia fund next year, doubling the size of its first fund.
