India, March 19 -- Livspace-backer Venturi Partners has launched its second fund with a corpus of $225 Mn (a hard cap of $250 Mn) to back consumer brands in India and Southeast Asia.

The Singapore-based investment platform said that the fund will focus on sectors like retail, education, healthcare and FMCG. It is eyeing the first close of the fund at $130 Mn by June this year, with backing from existing investors.

Venturi Partners' first fund, which had a corpus of $175 Mn, invested in seven companies across sectors such as education, retail, beauty and home interiors. The first fund was anchored by three cornerstone limited partners (LPs) - Peugeot Invest, Ackermans & Van Haaren, and Frederic De Mevius while European and Asian family o...