Indonesia, Feb. 15 -- Venturi Partners, a leading consumer fund in India and Southeast Asia, today announced a $25 million investment in JQR (Just Quick Run), a rapidly emerging brand in the affordable footwear segment. This marks the first venture capital funding for JQR, with Venturi acquiring an undisclosed minority stake.
Founded in 2014, JQR is today, a highly trusted brand in India's $12 billion mid and economy priced footwear segment. With vertically integrated manufacturing, in-house design capabilities and strong offline distribution, JQR consistently delivers high quality products at affordable price points.
Rishika Chandan, Managing Director of Venturi Partners, commented: "We are very excited to partner with JQR. The footwea...
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