Razor Group (“Razor”) is a leading global aggregator of e-commerce consumer goods businesses. L Catterton, a market-leading consumer-focused investment firm, today announced that its Latin America fund has led a $70 million funding round for Razor. This move strengthens the firm’s long-term conviction in the e-commerce aggregator category. The financing round also includes 468 Capital and Presight Capital as additional investors.
Founded in Berlin in 2020, Razor’s goal is to create a next-generation global consumer products conglomerate by acquiring successful online retailers and e-commerce companies and giving them the scale, know-how, and resources they need to reach people around the world. Razor plans to use the funds from this investment round to execute selected consolidation opportunities, to support organic growth initiatives focused on brand extensions and new product development, and to increase its global presence. This investment round’s funding will be used to support companies with the highest product quality and customer satisfaction.
Tushar Ahluwalia, Co-Founder and CEO of Razor Group, said, “We are thrilled to have gotten the support for our plan from a consumer investor of L Catterton’s level. “A key component of our approach is to use our operational and e-commerce skills to assist our brands realise their full potential. As one of the top e-commerce aggregator platforms, we are strengthened by this financing round’s impressive lineup of new and existing investors, who not only provide us with additional funding to support our roll-up engine but also with unparalleled insight into global consumer behaviour and exceptional operational expertise. As we continue to develop Razor into a worldwide powerhouse, we are convinced that these relationships will generate enormous value-creation prospects for the company.”

Source: Prnewswire