L Catterton, the private equity firm with a consumer-sector focus, announced plans to invest another USD 100 million in India by the end of 2027, unaffected by ongoing conflicts in West Asia.
According to L Catterton India's executive chairman, Sanjiv Mehta, the firm, which already holds over USD 440 million in active investments across two funds in India, sees the country's macroeconomic landscape as strong and stable. This perspective guides its investment strategy, focusing on proprietary deals that avoid competitive bidding wars.
At present, the company has raised nearly half of its USD 400 million target for its India-specific fund. Investments are being made at a significantly lower valuation than the market average, demonstrating L Catterton's confidence in its strategic, long-term approach.