PE-VC Fund Investments

Home improvement brand Lorazzo raises Rs.5-Cr led by Sprout Venture Partners, First Cheque

Economic Times  

Delhi-based Kitchen and bathroom fittings brand Lorazzo has raised INR 5 crore in a seed funding round led by Sprout Venture Partners and First Cheque, with additional participation from Chandigarh Angel Network and other angel investors.Founded in 2024 by Jatin Luthra and Saurabh Gupta, Lorazzo manufactures smart kitchen and bathroom fittings, offering products such as intelligent bidets, advanced kitchen faucets, stainless-steel and quartz sinks, and modular accessories, engineered for Indian conditions.The company plans to utilize the newly raised capital to boost product innovation, design and technology, and expand its presence across various channels.

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