Venturi Partners, Led by Indian-Origin Founder Rishika Chandan, Closes First Tranche of Second Fund at $150 Million
What is the news?
Venturi Partners, a Singapore-based venture capital firm, has successfully announced the first close of its second fund, raising an impressive $150 million.
With a target of a total of $225 million, the fund will be steered by managing partner Rishika Chandan, an exemplary Global Indian Alpha leader. The firm plans to deploy the capital into high-growth consumer companies across India and Southeast Asia over the next five years, with a focus on sectors like pet care, fashion, and education.
Why is it interesting?
This strategic move comes as India is increasingly viewed as a robust and stable market driven by strong domestic consumption. According to Chandan, “Amidst the global volatility, India is starting to look like a safe market because it is driven by domestic consumption.” This sentiment highlights a crucial aspect of the Global Indian Alpha narrative, where entrepreneurs of Indian origin are not only building companies but also attracting significant international capital back to the country.
The fund’s focus on Series B-D companies demonstrates its commitment to supporting startups that have achieved product-market fit and are poised for accelerated growth. The successful fundraise by a firm with strong Indian leadership is a powerful signal of the maturing and confident Founders Community in India and abroad, and it will contribute significantly to the ongoing development of the region’s entrepreneurial ecosystem.