What is Licious?
Founded in 2015 and headquartered in India, Licious operates as a prominent meat and seafood company. The company has consistently attracted significant investment, indicating strong market confidence and a clear path for scaling its operations. Its business model focuses on providing fresh, high-quality products directly to consumers, navigating the complexities of supply chain management and cold storage to ensure product integrity.
How much funding has Licious raised?
Licious has raised a total of $488M across 8 funding rounds:
Angel/Seed
$1M
Series A
$3M
Series B
$10M
Series C
$25M
Series D
$25M
Series E
$30M
Series G
$52M
Series F
$342M
Angel/Seed (2015): $1M with participation from Mohandas Pai
Series A (2016): $3M led by Mayfield
Series B (2017): $10M supported by Neoplux Technology Fund, 3One4 Capital, Sistema Asia Capital, and Mayfield
Series C (2018): $25M featuring Bertelsmann India Investments, 3One4 Capital, UCLA, Innoven Capital, Mayfield, Vertex Ventures, and Sistema Asia Capital
Series D (2018): $25M backed by Bertelsmann India Investments, Nichirei, Vertex Ventures, and 3One4 Capital
Series E (2019): $30M with participation from 3one4 Capital, Bertelsmann India Investments, Sistema Asia Fund, and Vertex
Series G (2021): $52M led by IIFL AMC
Series F (2022): $342M supported by Vertex Ventures, 3one4 Capital, Kotak PE, Amansa Capital, Axis Growth Avenues, Multiples, Bertelsmann India Investments, AIF, and Brunei Tourism
Key Investors in Licious
Bertelsmann India Investments
Bertelsmann India Investments is a venture capital fund focused on early growth-stage tech startups across various sectors. They invest between $5 million to $15 million in Series A to C funding rounds, supporting innovative companies.
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software, focusing on infrastructure and SaaS companies.
3One4 Capital
3one4 Capital is a venture capital firm focused on supporting early-stage, mission-oriented companies in India that aim for inclusive value creation and sustainable growth.
What's next for Licious?
The consistent influx of major enterprise-level and strategic investments suggests Licious is in a scaling phase, likely focusing on expanding its market reach, enhancing its technological infrastructure, and potentially diversifying its product offerings. Future capital injections will likely support further geographic expansion within India and possibly into new international markets, alongside investments in logistics and supply chain optimization to meet growing demand.
See full Licious company page
