Led by Ravi Thakran, LVMH's fund will invest in companies covering lifestyle retail, lifestyle food and beverage, beauty and wellness, boutique hospitality, media and entertainment and private education in China, India, South East Asia and the Middle East.
L Capital Asia, a corporate venturing unit of luxury products conglomerate LVMH, has launched in India and China with a $640m fund.
Led by Ravi Thakran (pictured), LVMH’s fund will invest in companies covering lifestyle retail, lifestyle food and beverage, beauty and wellness, boutique hospitality, media and entertainment and private education in China, India, South East Asia and the Middle East.
L Capital Asia, which is separate to L Capital that is targeting western markets, is reportedly trying to…
