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.'