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Economic Times

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Image Credit: Economic Times

Private equity firm L Catterton to raise $600 million for its first India-dedicated fund

  • L Catterton, a private equity firm backed by LVMH, plans to raise $600 million for its debut India-focused fund.
  • IFC will invest $30 million in the L Catterton India Fund-I with an additional co-investment amount of $30 million.
  • The India-dedicated fund will primarily back companies in segments like food and beverages, consumer services, and consumer brands.
  • L Catterton's portfolio includes investments in companies like Sugar Cosmetics, Farmley, Drools, Impresario, and Jio Platforms.'

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