L Capital, the private equity arm of the world's biggest luxury group, Louis Vuitton Moet Hennessy (LVMH) has invested Rs. 75 crore ($14 million) in Sanjay Kapoor-promoted Genesis Luxury Fashion (GLF) and GLF Lifestyle Brands in its second round of funding.
Amarchand Mangaldas advised GLF with a team led by Mumbai Partner Tushar Mavani.
J. Sagar Associates advised L Capital with a team led by Partners Akshay Chudasama and Manisha Kumar along with Senior Associate Roopal Kulsrestha.
Last year, L Capital had made its first investment in India by acquiring 25.5 percent stake in Genesis Luxury Fashion with an option to acquire additional stake in the next one to three years.