Venturi Partners has made a $25 million investment in JQR (Just Quick Run), a fast-growing brand in India’s affordable footwear market. This marks JQR’s first-ever venture capital funding, with Venturi acquiring an undisclosed minority stake in the company.
JQR’s Growth Plans with Fresh Capital
With this funding, JQR plans to expand its offline retail footprint, enter new markets, and launch its online sales channel. The investment will also help the brand enhance its product range, catering to India’s growing demand for budget-friendly yet high-quality sneakers.
“Our focus has always been on delivering great footwear at accessible prices. With Venturi’s backing, we’re confident that JQR will become a category leader, offering strong value to both consumers and stakeholders,” said Rinku Garg, Sunil Garg, and Manish Garg, the founding brothers of JQR.
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Why Venturi Backed JQR
Founded in 2014, JQR operates in India’s $12 billion value and mid-range footwear segment. With in-house manufacturing, design capabilities, and a vast offline distribution network, the company has built a reputation for quality footwear at competitive prices.
Venturi sees massive potential in this space. “The Indian footwear industry is benefiting from favorable policies, yet there remains a major gap in the affordable segment,” said Rishika Chandan, Managing Director at Venturi Partners. “Our goal is to identify and scale brands that meet this demand, and JQR is a perfect fit for our investment strategy.”
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Venturi’s Expanding Investment Portfolio
Venturi Partners has previously invested in brands like Livspace, Country Delight, Believe, Pickup Coffee, DALI, and K-12 Techno. With JQR now in its portfolio, the firm is further strengthening its presence in India’s fast-growing consumer market.
