Punjab-based beverages start-ups Lahori has raised USD 15 million from Belgium-based consumer-focused investor Verlinvest for a minority stake.
- Infosys Announced Business and Financial Updates of Q4FY24, Shares Traded Flat
- Rivos Startup Raised USD 250 Million To Build Silicon Chip for AI Models, Powering Data Analytics Applications
- Crude Oil Prices Jumped 3% Following the Recent Israel Attacks on Iran
- ITC Stocks Gained 1.4% on Arm to Acquire 100% Stake in Blazeclan Technologies
- Indus Towers Shares Hit 52-Week High on Signing MoU for Renewable Energy Projects
Lahori co-founder and Chief Executive Saurabh Munjal said the company would use the fund to double down on growth through offline and online expansion and expand its retail presence apart from the development of new category-creating products.
Verlinvest is a leading global, family-owned evergreen investment group with multi-billion dollar assets under management backed by families who have together built one of the world’s largest consumer beverage businesses.