Meat Brand Licious says they’re India’s 1st Direct-To-Consumer Unicorn
Licious, a Bengaluru-based meat and seafood brand, has raised $52 million in a Series G funding round led by Mumbai-headquartered IIFL AMC’s late-stage tech fund, making it the latest entrant to the coveted unicorn, or the $1-billion valuation club, post-money. This direct-to-consumer (D2C) startup—which sells fresh meat and seafood online—raised $192 million in a funding round led by Singapore-headquartered Temasek, and Multiples Private Equity. The funding round valued the company at $650 million then. Licious has a presence across 14 cities in India including Bengaluru, Hyderabad, NCR, Chandigarh, Mumbai, Pune, Chennai, Kolkata, Jaipur, Coimbatore, Kochi, and others. The company claims…