Question

difference between launcelot and gratiano of merchant of Venice

Answer 1

Graziano is a friend of Antonio and Bassanio. He's also quite the party animal. When Bassanio travels to Belmont to win Portia, Graziano wants to tag along, but Bassanio warns him to behave himself: "But hear thee, Graziano; / Thou art too wild, too rude and bold of voice".

Apparently Graziano pulls himself together in Belmont, because he winds up getting hitched to Portia's sidekick, Nerissa, during the visit. If you're thinking, "Gee, Graziano's actions seem to parallel Bassanio's," you're absolutely right. Still, you'll be needing some more specific evidence to back this up, so pay attention. When Bassanio gets engaged to Portia, Graziano immediately announces his plans to wed Nerissa:

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Answer 2

Gratiano is the friend of Bassanio who accompanied him to Belmont. He is a course and garrulous young man. During the trail he is the most vocal and insulting critic of Shylock. He fell in love with Portia’s lady-in-waiting, Nerissa.  

Launcelot is Bassanio’s servant. He is a comical figure in the play who makes witty remarks with the help of puns. He leaves the service of Shylock in order to work for Bassanio.