Drools: The Indian Pet Food Brand That Scored Big with L Catterton $60 Million Backing
US-based private equity (PE) firm L Catterton, a subsidiary of luxury goods conglomerate LVMH, has recently made a significant investment in Drools, an Indian pet food brand. The investment amount of $60 million values the company at an impressive $600 million and grants L Catterton a 10% stake in the…