Punjab-based beverage startup Lahori on Monday has raised $15 million funding from Belgium-based consumer-focused investor Verlinvest for an undisclosed minority stake.
According to the press statement, Lahori will use the funds to double down on its brand’s growth through offline and online expansion and will also enhance the national presence of the brand in retail chains.
The fresh fund will also be utilised for the development and launch of new category-creating products, it stated.