Flabbergasted? Yeah, so are we. Leading fashion brand Louis Vuitton is so dazzled by Baba Ramdev’s Patanjali, that it is ready to invest $500 Million funds in it.
Is it only me or 2019 has actually been the weirdest year of all?
This is what Ravi Thakran, managing partner, L Catterton Asia had to say to Economic Times:
“We would love to work with him if we can find a model.”
Thakran feels that the Indianess that Patanjali has, would work as the x-factor in selling its products in markets such as the US, Japan, China, South Korea and Europe. And they are more than willing to help Baba Ramdev in this Noble Cause!
Although there is a technical glitch, and that is, while Patanjali has been looking for funds, they’ve made it pretty much clear that they are anti-multinational.
Damn, Baba Ramdev is on a roll!
Anyway, it would be interesting to see where this deal heads.