What is Lorazzo and what funding did it recently secure?

Lorazzo is a home improvement startup that recently raised ₹5 crore in seed funding.

Who are the main investors in Lorazzo's seed funding round?

The seed funding round for Lorazzo was led by Sprout Venture Partners and First Cheque.

What kind of products does Lorazzo offer for Indian homes?

Lorazzo offers smart home hardware, including intelligent bidets and kitchen faucets, designed for Indian household conditions.

Home / Business and Economy / Lorazzo Secures ₹5 Crore for Smart Home Innovation

Lorazzo Secures ₹5 Crore for Smart Home Innovation

22 Jan

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Summary

Lorazzo secured ₹5 crore in seed funding led by Sprout Venture Partners.
The startup focuses on smart home hardware tailored for Indian conditions.
Funds will boost innovation, design, technology, and omnichannel expansion.

Lorazzo Secures ₹5 Crore for Smart Home Innovation

Lorazzo, a home improvement startup, has announced securing ₹5 crore in seed funding. The round was led by Sprout Venture Partners and First Cheque, with participation from the Chandigarh Angel Network and other angel investors. This funding marks a significant milestone for the company, founded in 2024.

The capital infusion is earmarked for enhancing Lorazzo's product innovation, strengthening its design and technology infrastructure, and broadening its retail footprint across India. Currently, Lorazzo operates via its direct-to-consumer website and is also available on various online retail and quick commerce platforms.

The company operates within the smart home hardware sector, offering a range of products such as intelligent bidets, kitchen faucets, and modular accessories. These products are specifically designed to address Indian household conditions, including variations in water pressure and TDS levels.