My Blog

Home Food Licious: All you really want to be aware

Licious: All you really want to be aware

0
Licious: All you really want to be aware

Licious is India’s most essential D2C Unicorn, settled in Bengaluru, Karnataka, India. The affiliation manages a home to-fork model, with an all out back-end creation association and cold chain. It serves in excess of 25 Indian metropolitan districts including Bengaluru, Hyderabad, Delhi, Gurugram, Faridabad, Noida, Mumbai, Pune, Chennai, Chandigarh, Jaipur, Coimbatore, Kochi, Visakhapatnam, Vijayawada, Pondicherry and Kolkata. The affiliation has 5 managing places, each at Hyderabad, Mumbai, Gurugram and 2 at Bangalore. Licious is approved with the FSSC22000 UKAS validation for food dealing with.

Licious is the significant relationship nearby to guarantee full ESG consistence. For this, the affiliation has sent a gathering which is genuinely pursuing accomplishing the objective. In late 2021, Licious collaborated with the World Animal Protection India relationship to sign a ‘Confirmation to Chicken Welfare’. Licious is the fundamental Indian brand to genuinely commit this responsibility. In December 2021, the affiliation won the Thought Leadership Award for ESG Goals.

In April 2022, License delivered off its most principal EBO in Bangalore. EBO is a one of its sort Meat and Seafood Store that offers an encounter like no other. The store similarly consolidates Licious Kitchen – a space that licenses clients to encounter the supported RTC degree of dishes cooked and served. To scrutinize every one of the more such subjects, follow whatisss.

History

Licious, moved by Delightful Gourmet Pvt Ltd, was spread out in July 2015 by Abhay Hanjura and Vivek Gupta and formally transported off in October of that very year. Abhay Hanjura and Vivek Gupta actually worked for Futurisk Insurance and Helion Ventures independently. Hanjura holds a degree in Biotechnology and is a past student of Insurance Institute of India. Vivek is a position holding trade graduate and contracted representative.

The licensee works five dealing with networks, with districts in Bengaluru (2), Mumbai (1), Hyderabad (1) and Gurugram (1), and more than 90 dispersing places in all business regions. The affiliation has and works a total back-end store association, and keeps an outrageous contamination secure control to remain mindful of the quality and newness of its things. Furthermore, see What Is Brisket.

Award

Television on Lycius Received seed experience of ₹6.9 crore ($1 million) from Mohandas Pai, Manipal Global Education Services and monetary expert Kanwaljit Singh.

In 2016, the affiliation raised a Series A movement of supporting of by and large ₹21 crore ($3 million) from Mayfield Capital and 3one4 Capital.

In the fundamental quarter of 2017, Licious got a Series B round of experience worth ₹69 crore ($10 million) from existing and new money related support, 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 undertaking round. The round was driven by Bertelsmann India Investments and Vertex Ventures Southeast Asia and India (part of the asset’s Vertex Holdings affiliation). The University of California, Los Angeles (UCLA) in this way placed resources into the affiliation close by existing money related benefactors 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 theory. The round was driven by the Nichirei Group, a directly recorded mix from Japan. Existing financial support 3one4 Capital, Bertelsmann India Investment, Vertex Ventures South Asia and India, UCLA and Sistema Asia Fund were different partners.

In December 2019, License brought $30 million up in its Series E round, drove by Singapore-based Vertex Growth Fund. Two or three existing financial benefactors returned, including 3one4 Capital, Bertelsmann India Investments, Nichirei Corp, Vertex Ventures South Asia and India, and Sistema Asia Fund.

In October 2021, Licious really impacted the point of view by arising as India’s most huge D2C unicorn.] The progression driven, D2C new creature protein brand has totaled $52mn in supporting driven by IIFL AMC’s Late Stage Tech Fund. Dollar valuation accomplished. Avendus FLF likewise took part in the round.

In March 2022, Lici expanded 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 financial sponsors have in this way participated in the round, including driving secret partners including Nitin and Nikhil Kamath of Zerodha, Aman Gupta and Haresh Chawla of BoAt. Extra, True North.

LEAVE A REPLY

Please enter your comment!
Please enter your name here