Louis Vuitton fund wants to invest â¹3,200cr in Patanjali
The L Catterton private equity fund, co-owned by Louis Vuitton-maker LVMH, wants to invest about $500 million (nearly â¹3,200 crore) in Baba Ramdev's Patanjali, Ravi Thakran, L Catterton Asia's managing partner said. However, a Patanjali spokesperson said, "We don't hesitate to use foreign funds for our country's benefit, but we will take it on our own terms, won't give share/stake."