L Catterton Leads Funding Round for E-Commerce Company Razor Group

Razor Group, an e-commerce aggregator, recently gained $70 million from a funding round led by L Catterton.

Razor Group was founded in Berlin in 2020 by Dr. Oliver Dlugosch, Christoph Gamon, Tushar Ahluwalia, and Shrestha Chowdhury. Razor Group acquires profitable Fulfillment by Amazon (FBA) businesses and other organizations that work directly with online retailers. After acquiring these companies, they add their expertise in growth capital and e-commerce abilities to create strategic solutions for long-term product value. Their brands include Porto Vino, HappyPo, The Gym Keg, Crown LED, Kitchtic, Readerest, and more. Razor Group only acquires 100% of shares and assets and does not invest in companies.

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Razor’s business plan and rapid growth in the two years since its founding have impressed investors. Co-Founder and CEO Tushar Ahluwalia says that an investment from a firm as well known as L Catterton validates their company strategy and goals. The financing will support the company’s roll-up engine, help it expand to new global consumers, and advance its position in the market. Ramiro Lauzan, Partner at L Catterton, referred to Razor Group as "one the leading global e-commerce players" in a recent interview.

"Razor has developed remarkable scale and operating capabilities, maintaining robust growth rates and healthy profitability levels in a challenging macro context," Lauzan continued. "We believe Razor will be at the forefront of the sector's upcoming global consolidation, and we are excited to support them on that journey."

Razor Group recently acquired VALOREO, another leading e-commerce aggregator in Latin America, to continue its positive momentum. VALOREO was also backed by L Catterton, along with Kaszek Ventures and Presight Capital. Ahluwalia also said that Latin America was the fastest-growing e-commerce market in the world and that expanding to Mexico, Brazil, and Colombia would be a lucrative move for Razor Group.