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IFC Commits $30 Mn To L Catterton’s $600 Mn India Fund

  • IFC has proposed a $30 Mn investment in L Catterton's India-focused consumer fund.
  • The fund, named L Catterton India Fund, is targeting total commitments of up to $600 Mn.
  • It plans to invest in 7-9 companies with average ticket sizes ranging from $25 Mn to $150 Mn per company.
  • L Catterton's India portfolio includes companies like PVR Ltd, SUGAR Cosmetics, and Fabindia, while IFC focuses on private sector investments in emerging markets.

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