Lahori, The Beverages Startup Raised $15 Million

Lahori, the Punjab-based beverages startup has raised $15 million in its latest funding round from Belgium-based consumer forced investor, Verlinvest. The CEO and co-founder Saurabh Munjal has said that the company will use the raised funds to double down the growth through offline and online expansion of the business along with expanding its retail presence and developing new category-creating products.

Shagun Tiwary of Verlinvest has also said that the Lahori stood out in its taste, product innovation, and customer pull; and that they are excited to work with the next generation leg of growth. The estimates also show the non-alcoholic beverage industry is expected to raise $18 billion by 2026.