Lorazzo raises ₹15 crore led by Sauce
By Abha Lohia ·
- Lorazzo is a direct-to-consumer brand selling kitchen and bathroom fittings such as faucets, sinks and smart mirror cabinets
- Sauce led a ₹15 crore round, joined by Sprout Venture Partners, Panthera Peak and Alteria Capital
- The company will open more offline presence, build its brand, develop products and move into new categories
What happened
- Lorazzo raised ₹15 crore led by Sauce.
- Sprout, Panthera Peak and Alteria Capital joined.
- Funds go to offline expansion, brand building and R&D.
- New product categories are planned.
Why it matters
- Fittings are a large, fragmented home category.
- Brands are moving from online to stores to reach more buyers.
The business
- Sells faucets, sinks and bathroom accessories.
- Offers smart mirror cabinets.
- Gives a 30-day trial on selected products.
The founders
Who put in money
- Sauce.vc lead
- Sprout Venture Partners participant
- Panthera Peak participant
- Alteria Capital participant
What happens next
- Offline expansion
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