Sauce leads Rs 15 Cr round in kitchen brand Lorazzo
Lorazzo, a design-led kitchen and bathroom brand, has raised Rs 15 crore in a funding round led by Sauce, with follow-on investment from Sprout Venture Partners and participation from Panthera Peak and Alteria Capital.
Co-founded in 2024 by Jatin Luthra and Saurabh Gupta, Lorazzo offers products across faucets, sinks, shower systems, bidets, wash basins, smart toilets, and other kitchen and bathroom categories.
It is building an omnichannel business across ecommerce, quick commerce, and offline retail, with a focus on combining design, technology, and functionality across everyday home products.
One product in its range is the Intelli Smart Commode, a cleansing WC with a heated seat, electronically operated bidets, an air dryer, ambient lighting, and digital temperature control.
Newsletter
The corridor, every morning.
Funding rounds and cross-border capital moves, one email, five minutes.
The product is priced at Rs 58,999, compared with Rs 1.5 lakh to Rs 5 lakh for comparable cleansing toilets from international brands.
The fresh funds will be used to expand the product portfolio, invest in product development, build the team, strengthen its online and offline channels, and expand its presence across more states in India, the company said in a press release.
Lorazzo has grown its revenue six times over the past 12 months and is targeting Rs 100 crore in revenue over the next two years.
More in Funding
