Licious is India’s most vital D2C Unicorn, got comfortable Bengaluru, Karnataka, India. The association deals with a residence to-fork model, with an all out back-end creation organization and cold chain. It serves more than 25 Indian metropolitan regions including Bengaluru, Hyderabad, Delhi, Gurugram, Faridabad, Noida, Mumbai, Pune, Chennai, Chandigarh, Jaipur, Coimbatore, Kochi, Visakhapatnam, Vijayawada, Pondicherry and Kolkata. The association has 5 dealing with places, each at Hyderabad, Mumbai, Gurugram and 2 at Bangalore. Licious is authorized with the FSSC22000 UKAS authentication for food taking care of.
Licious is the important association in the area to promise full ESG consistence. For this, the association has sent a group which is really seeking after achieving the goal. In late 2021, Licious teamed up with the World Animal Protection India relationship to sign a ‘Assurance to Chicken Welfare’. Licious is the essential Indian brand to make this commitment. In December 2021, the association won the Thought Leadership Award for ESG Goals.
In April 2022, License shipped off its most paramount EBO in Bangalore. EBO is a one of its sort Meat and Seafood Store that offers an experience like no other. The store in like manner incorporates Licious Kitchen – a space that licenses clients to experience the approved RTC extent of dishes cooked and served. To peruse all the more such subjects, follow whatisss.
History
Licious, moved by Delightful Gourmet Pvt Ltd, was laid out in July 2015 by Abhay Hanjura and Vivek Gupta and officially shipped off in October of that very year. Abhay Hanjura and Vivek Gupta as of late worked for Futurisk Insurance and Helion Ventures separately. Hanjura holds a degree in Biotechnology and is a previous understudy of Insurance Institute of India. Vivek is a position holding exchange graduate and contracted clerk.
The licensee works five taking care of networks, with regions in Bengaluru (2), Mumbai (1), Hyderabad (1) and Gurugram (1), and in excess of 90 scattering places in all business areas. The association has and works a complete back-end store organization, and keeps an extreme infection secure control to stay aware of the quality and freshness of its things. Additionally, look at What Is Brisket.
Grant
TV on Lycius Received seed adventure of ₹6.9 crore ($1 million) from Mohandas Pai, Manipal Global Education Services and financial specialist Kanwaljit Singh.
In 2016, the association raised a Series A progression of sponsoring of generally ₹21 crore ($3 million) from Mayfield Capital and 3one4 Capital.
In the essential quarter of 2017, Licious got a Series B round of adventure worth ₹69 crore ($10 million) from existing and new monetary sponsor, including Mayfield India, 3one4 Capital, Sistema Asia Fund and Neoplex Technology Fund.
In September 2018, Licious raised ₹174 crore ($25 million) in a Series C endeavor round. The round was driven by Bertelsmann India Investments and Vertex Ventures Southeast Asia and India (part of the resource’s Vertex Holdings association). The University of California, Los Angeles (UCLA) in like manner put assets into the association close by existing monetary patrons Mayfield India, 3one4 Capital, Sistema Asia Fund and InnoVen Capital.
In December 2018, Licious raised one more ₹174 crore ($25 million) in a Series D round of hypothesis. The round was driven by the Nichirei Group, a straightforwardly recorded blend from Japan. Existing monetary sponsor 3one4 Capital, Bertelsmann India Investment, Vertex Ventures South Asia and India, UCLA and Sistema Asia Fund were various allies.
In December 2019, License brought $30 million up in its Series E round, drove by Singapore-based Vertex Growth Fund. A couple of existing monetary patrons returned, including 3one4 Capital, Bertelsmann India Investments, Nichirei Corp, Vertex Ventures South Asia and India, and Sistema Asia Fund.
In October 2021, Licious changed the perspective by emerging as India’s most significant D2C unicorn.] The advancement driven, D2C new animal protein brand has aggregated $52mn in financing driven by IIFL AMC’s Late Stage Tech Fund. Dollar valuation achieved. Avendus FLF also participated in the round.
In March 2022, Lici extended its series F2 by 150 million. Series F2 is driven by Singapore-based Amansa Capital, Kotak PE and Axis Growth Avenue with AIF-I. Existing monetary benefactors have in like manner partaken in the round, including driving confidential allies including Nitin and Nikhil Kamath of Zerodha, Aman Gupta and Haresh Chawla of BoAt. Accessory, True North.
