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Lorazzo lands $1.56M to push kitchen and bathroom fittings offline

What's the deal? Direct-to-consumer kitchen and bathroom fittings brand LorazzoDealroom has a profile for this one. Try Dealroom → has raised US$2.04M in a round led by Sauce. Sprout Venture PartnersDealroom has a profile for this one. Try Dealroom →, Panthera Peak, and Alteria CapitalDealroom has a profile for this one. Try Dealroom → also took part.

What's the endgame? Lorazzo will use the money to expand its offline presence, build the brand, and fund product development and research. It also plans to enter new product categories.

Why now? "Kitchen and bathroom fittings," cofounder and chief executive officer Jatin Luthra told ET , signalling the brand's push beyond its online roots as it chases physical retail.

The signal: The round shows investor appetite for D2C home-category brands looking to blend online reach with offline distribution, with a mix of venture and debt backers supporting the next growth phase.

Read more: economictimes.indiatimes.com

Image credit: Generated with Gemini

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