Licious joined the Unicorn Club on Oct 05, 2021 after raising a $52 million Series G funding round led by Avendus and 360 One, reaching a $922 million valuation. Headquartered in Bengaluru, Karnataka, India, Licious operates an online meat and seafood delivery platform with end to end cold chain infrastructure.
The company focuses on freshness, quality control, and last mile delivery across major Indian cities.
Keep reading to learn how Licious scaled into one of India’s leading online meat and seafood brands.
What Is Licious and What Does It Do?
Founded in 2015, Licious is an online retailer specializing in fresh meat and seafood delivery. The platform offers chicken, mutton, seafood, marinades, and cold cuts through a vertically integrated supply chain.
Licious maintains strict cold chain logistics from procurement to doorstep delivery, ensuring consistent quality and food safety. The company operates across multiple Indian cities and serves a large urban consumer base.
How Much Funding Has Licious Raised?
1. Series G Round
- Amount Raised: $52 million
- Date: September 2021
- Valuation: $922 million
- Lead Investors: Avendus, 360 One
- Purpose: Strengthen supply chain, expand city footprint, and improve logistics and fulfillment capabilities
Total Funding Raised: $490 million Latest Funding Round: Series G Latest Funding Date: September 2023 Employee Count: 1,853 as of April 30, 2025
Key Investors
- Temasek
- Details: Global investment firm owned by the Government of Singapore
- Focus Areas: Consumer, technology, financial services, and sustainable businesses
- True North
- Details: India focused private equity firm
- Focus Areas: Consumer brands, financial services, healthcare, and technology led businesses
Where Is Licious’s Headquarters?
Licious is headquartered in Bengaluru, Karnataka, India, supporting its operations, technology, supply chain management, and corporate teams.
What’s Next for Licious?
Licious aims to expand into new cities, deepen penetration in existing markets, and strengthen its private label portfolio. The company is investing in supply chain optimization, cold storage infrastructure, and technology to improve delivery speed and unit economics while scaling its consumer base across India.
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