Announced

Venturi Partners to invest $25m in JQR.

Synopsis

Venturi Partners, a consumer fund, agreed to invest $25m in JQR, a footwear brand. “We are very excited to partner with JQR. The footwear industry is seeing strong support from government policies, and we believe there is a significant gap in the price segment that JQR operates in. India’s consumer market continues to have a dearth of high-quality, affordable brands, and our mission at Venturi is to identify and scale such businesses across categories. JQR has impressed us with its product quality, design aesthetic, in-house manufacturing, and well-established distribution network. We look forward to working closely with the founders to accelerate their growth trajectory,” Rishika Chandan, Venturi Partners Managing Director.

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