L Capital Asia will not commit more funds to Indian portfolio

L Capital Asia will not commit more funds to Indian portfolio

A file photo of Ravi Thakran, managing partner, L Capital Asia, who said that the company has been unable to identify any compelling opportunities in India. Photo: Mint

L Capital Asia, the private equity fund sponsored by LVMH Moët Hennessy Louis Vuitton SA and Groupe Arnault, will not commit additional funds to its existing investments in India.

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