According to a report by The Hindu BusinessLine
Our brand has achieved a key growth milestone by securing ₹5 crore in seed funding, strengthening its position in the home improvement and smart hardware market.
The investment round was supported by Sprout Venture Partners and First Cheque by India Quotient, along with backing from members of the Chandigarh Angel Network. The funding reflects rising investor interest in companies offering innovative and design-focused solutions for modern Indian homes.
Established in 2024, the company develops contemporary products for kitchens and bathrooms, including advanced kitchen faucets, intelligent bidet attachments, premium kitchen sinks, and modular accessories. These products are created to deliver better functionality, durability, and modern aesthetics.
The fresh capital will be directed towards product innovation, technology upgrades, and wider market expansion through online and retail distribution channels across India.
This funding marks an important step forward and reinforces the brand’s commitment to building high-quality, user-centric home improvement solutions for today’s households.
Reference: The Hindu BusinessLine - https://www.thehindubusinessline.com/info-tech/lorazzo-bags-5-crore-in-seed-funding-led-by-sprout-venture-partners-and-first-cheque/article70537358.ece
