ENA Sectors 2024-05-27 15:44:43 <p><span style="font-size:14px"><strong>New Delhi, May 27 (KNN)</strong> Singapore's Venturi Partners is evaluating the launch of a USD 75-100 million fund dedicated to Indian consumer-focused growth companies, according to Managing Director Rishika Chandan.</span></p> <p><span style="font-size:14px">The India-focused fund would cater to family offices seeking exposure to later-stage consumer plays, a segment underserved by existing early-stage funds in the market.</span></p> <p><span style="font-size:14px"> Indian families desire access to this compelling growth stage, but funds become too large for their needs, explained Chandan.</span></p> <p><span style="font-size:14px"> Our planned alternate investment fund (AIF) will allow families to invest alongside us through a construct mirroring our USD 180 million flagship Asia fund's 1:1 co-investment model, she added.</span></p> <p><span style="font-size:14px">Venturi's current Asia fund has deployed around 60-65 per cent in Indian investments like Livspace, Country Delight, and K12 Techno.</span></p> <p><span style="font-size:14px">The firm aims for a concentrated portfolio across Asia of 8-10 companies per fund, typically writing equity checks of USD 25-50 million. It anticipates launching a new USD 250-300 million Asia fund next year.</span></p> <p><span style="font-size:14px">India remains a core focus given consumers' 60 per cent share of GDP and robust demographics.</span></p> <p><span style="font-size:14px"> Shifting consumption patterns from rising incomes herald new product opportunities across premium food, health, elderly care, and pet care verticals, noted Chandan.</span></p> <p><span style="font-size:14px">She also highlighted, While still early for some themes, we see compelling prospects in India's booming consumer market. </span></p> <p><span style="font-size:14px">Venturi's deliberate strategy targets premium growth sectors catalysed by India's burgeoning middle class and evolving consumer preferences.</span></p> <p><span style="font-size:14px">The planned AIF structure enables valued family office partners to gain optionality in an undersupplied segment.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37957 https://knnindia.co.in/news/newsdetails/sectors/venturi-partners-planning-usd-75-100-mn-fund-for-indian-consumer-focused-growth-companies 2024-05-27 15:44:43 knnindia.co.in