Announced
Completed
Synopsis
Venturi Partners, a venture capital firm, completed a $25m investment in JQR, a designer and manufacturer of sports and casual footwear. “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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