On this page
Lorazzo raises ₹15 crore led by Sauce, targets ₹100 crore revenue in two years after 6x growth
Lorazzo raised ₹15 crore in a round led by Sauce, with Sprout Venture Partners, Panthera Peak and Alteria Capital. The kitchen and bathroom fittings brand grew revenues six times in 12 months and targets ₹100 Crore in revenue over the next two years.
One email each morning: the day’s top moves in Indian retail, why each matters and what to watch. Free. Stop any time.
The numbers
Figures from IndianWeb2,
| Intelli Smart Commode price: | ₹58,999 |
|---|---|
| Warranty offered: | up to 20-years |
Why it matters for the brand
Lorazzo's ₹58,999 smart commode sits far below the ₹1.5–5 lakh import tier, so kitchen and bath retailers and distributors should test shelf space for it, but only if Lorazzo can back its warranties of up to 20 years with installation and after-sales service.
What to track next
- Announcement of new showrooms, dealer tie-ups or installer networks in more cities
- Launch of new products or a price-tier expansion beyond the Intelli Smart Commode
- Price cuts or new smart-toilet launches from established bath-fittings brands
- A follow-on funding round or debt raise ahead of the two-year window
- Rising customer complaints, warranty claims or negative reviews about installation and service
The source
Published
Also reported by ET Retail, Entrackr, Indian Retailer, BW Disrupt Entrepreneur India re-reported it (no new facts)
First seen