As reported by PTI News
We are proud to share that our brand has successfully raised ₹5 crore in seed funding, marking an important milestone in our journey in the home improvement industry.
The funding round was led by leading venture partners along with support from reputed angel investors. This investment reflects strong confidence in our vision to bring modern, reliable, and design-focused kitchen and bathroom solutions to Indian households.
Founded in 2024, our company focuses on creating smart and innovative products for everyday living. Our product range includes intelligent bidets, premium kitchen faucets, stainless steel sinks and quartz sinks, and modular kitchen and bathroom accessories designed to combine functionality with modern aesthetics.
The newly secured funds will be used to enhance product innovation, strengthen design and technology capabilities, and expand our presence across both online and offline retail channels in India.
We aim to address the growing demand for high-quality yet affordable home improvement products in a market that remains largely fragmented. This funding will help us accelerate growth and reach more customers in major cities across the country.
This achievement is a proud moment for our entire team and motivates us to continue building products that improve everyday home experiences.
Source: PTI News - https://www.ptinews.com/story/business/lorazzo-raises-rs-5-crore-in-seed-funding/3299910
