L Catterton to Launch Rs.40 Bn Fund for India Market

22 Jul 2024 CW Team

L Catterton, the private equity firm supported by luxury conglomerate LVMH, is set to launch a new fund worth ?40 billion to focus on investments in the Indian market. This strategic move is aimed at tapping into the growing opportunities within India's consumer and retail sectors.

The new fund will target a range of high-growth sectors including consumer goods, retail, and e-commerce. L Catterton?s decision to launch this fund highlights its confidence in India?s expanding market potential and its commitment to nurturing high-potential businesses in the region.

The investment will be directed towards companies that show strong growth potential and are well-positioned to benefit from India?s rising consumer spending and economic development. The fund is expected to support a mix of early-stage ventures as well as more established companies seeking to scale their operations.

L Catterton?s entry into India with a substantial fund underscores the country?s attractiveness as a key investment destination. The firm's move is seen as a testament to India's robust economic outlook and the growing investor interest in its vibrant consumer market.

This development comes at a time when India is experiencing significant economic momentum, driven by a large and increasingly affluent population.

Infrastructure Transport

06 May 2026

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..