L Catterton bets on India's 'snacking renaissance' via first dedicated India fund
PE major L Catterton is deploying its first India-dedicated fund into healthy snacking and branded foods, having closed three deals including Haldiram, Farmlink and Healing Apps. With packaged foods just 15% of India's food consumption versus 60-70% in developed markets, the firm sees long runway in branded snacking.
PE major L Catterton is running its first dedicated India fund, betting on healthy snacking and branded foods. It has closed three deals including Haldiram, Farmlink and Healing Apps, targeting India's packaged-foods growth.