Startup Profile
Licious
Legal entity: Delightful Gourmet Private Limited
India's first online fresh meat and seafood D2C brand
Funding raised
₹3300.00 Cr
Total disclosed
Latest valuation
₹8300.00 Cr
Most recent round
Latest revenue
₹685.05 Cr
FY FY24
Employees
—
FY FY24
Founders
- Vivek Gupta
Co-founder and CEO of Licious. A chartered accountant from Chandigarh who moved to Bengaluru in 2004, he spent close to a decade in finance roles including at a venture capital firm before co-founding Licious in 2015.
- Abhay Hanjura
Co-founder of Licious. Born in Srinagar into a Kashmiri Pandit family and raised in Jammu, he holds a biotechnology degree and worked in the insurance sector (including India Insure) before co-founding Licious in 2015.
Funding rounds
- Series F22022-03-16₹1245.00 CrLed by Amansa Capital
- Series G2021-10-05₹431.60 CrLed by IIFL AMC Late Stage Tech Fund
- Series F2021-07-02₹1593.60 CrLed by Temasek and Multiples Private Equity
Financials
MCA / self-reported| Fiscal year | Revenue | Profit / (Loss) | Employees |
|---|---|---|---|
| FY24 | ₹685.05 Cr | (₹293.77 Cr) | — |
| FY23 | ₹746.38 Cr | (₹524.18 Cr) | — |
The full story
Rich-text rendering of long_story is wired in the design pass.
Timeline
- 2024-10FY24 losses narrow 44% amid distribution reset — Net loss falls to about Rs 294 crore (from ~Rs 524 crore in FY23) as the company shuts third-party channels like Dunzo and Swiggy Meatstore and focuses on its owned app and quick commerce; targets EBITDA breakeven.
- 2022-03-16Raises ~$150M round led by Amansa Capital — Funding round led by Amansa Capital with Kotak PE and Axis Growth Avenues; CEO noted around 30 percent came from existing investors and it was largely a primary round.
- 2021-10-05Becomes India's first D2C unicorn — A $52M round led by IIFL AMC's Late Stage Tech Fund pushes valuation past $1 billion, making Licious the first direct-to-consumer unicorn in India and the country's 29th unicorn of 2021.
- 2021-07-02Raises $192M Series F led by Temasek and Multiples — Largest funding round, making Licious the highest-funded company in the online meat segment.
- 2015Licious founded in Bengaluru — Vivek Gupta and Abhay Hanjura launch Licious as a full-stack online fresh meat and seafood brand, starting with around 1,300 orders in October 2015.
Data sources
- seed-list + Crunchbase ODM↗ · last fetched 2026-05-28
- Editorial (press release)↗ · last fetched 2026-05-28
- Editorial (press release)↗ · last fetched 2026-05-28
- DPIIT (Startup India)↗ · last fetched 2026-05-28
- Wikidata↗ · last fetched 2026-05-28
- Wikidata↗ · last fetched 2026-05-28
- Inc42↗ · last fetched 2026-06-01
- Business Standard↗ · last fetched 2026-06-01
- Entrackr↗ · last fetched 2026-06-01
- The Capital Quest↗ · last fetched 2026-06-01
- hrnxt.com (Series F2 / Amansa round)↗ · last fetched 2026-06-01
- BizzBuzz (unicorn round)↗ · last fetched 2026-06-01
- The Weekend Leader (founder story)↗ · last fetched 2026-06-01
- Founder Voice (Abhay Hanjura bio)↗ · last fetched 2026-06-01