L Capital eyes investments in India’s e-commerce

Keeping the momentum, India’s e-commerce segment is gaining, L Capital Asia, the private equity fund backed by the LVMH Group plans to announce a couple of investments to the tune of 50 million dollars each this year. Sources say that the move is to take advantage of the growth prospects, this segment holds in the long run. The company is currently exploring options and is looking at niche online retailers which work on a differentiated model. Experts feel that the investments would be directed to the once successful family run businesses, to bring them back to life.