Direct-to-consumer (D2C) kitchen and bathroom fittings brand Lorazzo has raised Rs 15 crore funding led by Sauce, with participation from Sprout Venture Partners, Panthera Peak, and Alteria Capital. The startup plans to use the funding to expand its offline presence, invest in brand building, product development, and research and development. Cofounder and CEO Jatin Luthra shared these insights with ET. This funding will also allow Lorazzo to enter new product categories.
Company Information
Company
Lorazzo
Location
Delhi, Delhi, India
About
Lorazzo - India’s first water-efficient brand offering bathroom and kitchen fittings and accessories with class-leading quality and exquisite designs.
Lorazzo is a new-age, digital-first brand with core focus on reducing water consumption in Indian households, all while providing exquisite products for bathrooms and kitchens for the discerning urban Indian consumer.
Fundz sees it the moment Lorazzo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.