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VCGuy

Believe me, itโ€™s not...ย โ€ขย 1d

L Catterton (LVMH-backed PE) is making its biggest India bet yet with a dedicated $600 M fund. Previously - LC invested in India startups via their Asia fundโคต๏ธ - Jio Platforms (Telecommunication, Reliance subsidiary) - SUGAR Cosmetics (cosmetics) - Drools Pet Food (India's first homegrown Pet Food brand) - PVR INOX (India's largest multiplex chain) Impresario Entertainment (Social, Smoke House Deli) - Farmley (healthy snacking) - Fabindia (Ethnic wear, exited 2016) LC's India Fund I will be lead by Sanjiv Mehta (ex-HUL CEO/MD)๐Ÿ•ด๏ธ- โ†’ 7โ€“9 investments/year โ†’ $25 Mโ€“$150 M cheque sizes โ†’ Consumer-focused verticals: F&B, Consumer Services (incl. healthcare), Retail & Restaurants, D2C + Consumer Brands. โญ๏ธL Catterton, formed in 2016 by merging Catterton, LVMH & Groupe Arnault, now manages $37 B+ AUM across 300+ consumer brands โ†’ making it the worldโ€™s largest consumer-focused PE firm.

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VCGuy

Believe me, itโ€™s not...ย โ€ขย 28d

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