Anjana Sasidharan Exits L Catterton to Launch Her Own Consumer-Focused VC Fund

• Anjana Sasidharan, India Partner and co-head of India investments at L Catterton, has resigned to start her own early-stage consumer-focused venture capital fund.
• Sasidharan joined L Catterton in February 2021 after a decade at Sequoia Capital, leading consumer investments in India for the firm.
• L Catterton, managing $37 billion in assets globally, has invested over $600 million in India, backing companies like Farmely, Drools, and Sugar Cosmetics.
• Her new fund is expected to be a solo general partner (GP) fund, mirroring a growing trend of fund managers venturing out independently.
• The fund is likely to have an initial corpus of over Rs 200 crore (over $20 million) and will focus on early-stage consumer companies in India.

Why It Matters: Anjana Sasidharan is leaving L Catterton to establish her own early-stage consumer-focused venture capital fund in India.