C.V. Raman refers to Chandrasekhara Venkata Raman, an Indian physicist who made significant contributions to the field of spectroscopy, particularly through the discovery of the Raman effect. This phenomenon involves the inelastic scattering of light, which reveals information about molecular vibrations and interactions in a sample. The Raman effect is foundational in Raman spectroscopy, allowing scientists to obtain molecular fingerprints of substances.