SG’s Venturi Partners to raise $150m consumer fund for India and SEA

Nicholas Cator at DealStreetAsia's Asia PE-VC Summit 2018 in Singapore. Photo: DealStreetAsia

Singapore-headquartered investment firm Venturi Partners is seeking to raise $150 million for a new consumer-focused fund to target growth investments in India and Southeast Asia (SEA), managing partner Nicholas Cator told DealStreetAsia.

Cator, a long-time executive at Belgium’s family-owned investment firm Verlinvest SA, launched Venturi Partners last year.

“There are no consumer-focused funds at this stage of growth. If you look at the venture capital (VC) stage, there are a number of specialised funds,” he said. “I, therefore, felt that there was a big opportunity to establish a consumer-focused fund targeting growth investments in India and SEA.”

The firm plans to target investments across the consumer space in FMCG, education and healthcare services. It is targeting investments in the range of $20-50 million as it gears up to bridge the funding gap for companies looking to scale up operations.

Venturi Partners made its maiden investment in Indian online home design firm Livspace, along with other risk capital investors. “It (Livspace) is also a good example of converging consumer trends between India and SEA and we expect it to become the regional leader in the interior design and renovation space over the next 2-3 years,” said Cator.

Edited excerpts of an interview:

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.