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Licious - About the company

Licious is a series G company based in Bengaluru (India), founded in 2015 by Varun Sadana, Abhay Hanjura, Vivek Gupta, Joe Manavalan, Sumanth Donthi and Vivek Gupta. It operates as an Online retailer of fresh and high-quality meat products. Licious has raised $490M in funding from investors like Mayfield, Avendus and Temasek, with a current valuation of ₹12,100Cr. The company has 9 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like TenderCuts, FreshToHome and Good To Go.

Company Details

Online retailer of fresh and high-quality meat products. The company provides a platform for customers to order meat through their mobile devices. Customers can sign in using their mobile number and an OTP verification process.
Social
XFacebook
Email ID
*****@licious.com
Phone Number
+91 **********
Part Of
Registered Address
Maruti Infotech Center No. 11/1, 12/1, Tower A, Ground Floor, Amarjyothi Layout, Intermediate Ring Road, Domlur, Bangalore, Bangalore North, Karnataka, India, 560071
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series G
Total Funding
$490M in 12 rounds
Latest Funding Round
Post Money Valuation
₹12,100Cr as on Sep 21, 2023
Investors
Ranked
Annual Revenue
₹845Cr as on Mar 31, 2025
Employee Count
2,177 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
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Licious's funding and investors

Licious has raised a total funding of $490M over 12 rounds. Its first funding round was on Jun 10, 2015. Its latest funding round was a Series G round on Sep 21, 2023 for $914K. 1 investor participated in its latest round. Licious has 37 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of Licious:lockFilter this list
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Licious' founders and board of directors

Founder? Claim Profile
The founders of Licious are Varun Sadana, Abhay Hanjura, Vivek Gupta, Joe Manavalan, Sumanth Donthi and Vivek Gupta. Saif Shaikh is the CEO of Licious.
Here are the details of Licious' key team members:

Licious' Board of Directors

Licious's board has 3 active members. Dhruv Kapoor, Abhay Hanjura and Vivek Gupta are part of team.
Here is the list of Licious' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 10m
Team
-
Current
10y 10m
Investor
-
Current
4y 8m
Investor
Temasek
Current
4y 7m
Investor
-
Current
7y 5m
Investor
Fireside Ventures
Current
9y 2m
Investor
Sistema Asia Capital
Past
0y 7m
Investor
-
Past
4y 7m

Licious' employee count trend

Licious has 2,177 employees as of Aug 25. The total employee count is 25.0% more than what it was in Aug 24. Here is Licious's employee count trend over the years:
Employee count trend for Licious
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Licious's Competitors and alternates

Top competitors of Licious include TenderCuts, FreshToHome and Good To Go. Here is the list of Top 10 competitors of Licious, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Licious
Licious
2015, Bengaluru (India), Series G
Online retailer of fresh and high-quality meat products
$490M
82/100
2nd
Logo for TenderCuts
TenderCuts
2016, Chennai (India), Acquired
Order fresh chicken, mutton, and fish online with speedy delivery
$38.1M
74/100
3rd
Logo for FreshToHome
FreshToHome
2015, Bengaluru (India), Series D
Online retailer of fresh fish, poultry, mutton, and ready-to-cook items
$320M
73/100
4th
Logo for Good To Go
Good To Go
2015, Delhi (India), Seed
Provider of online fresh meat and seafood delivery
$2.48M
45/100
5th
Logo for Kinza
Kinza
2016, Delhi (India), Unfunded
Online meat shop offering chicken, meats, and seafood
-
-
31/100
6th
Logo for India Fish
India Fish
2021, Delhi (India), Unfunded
Online retailer of fresh and frozen fish and seafood products
-
-
25/100
7th
Logo for Maamsastation
Maamsastation
Bengaluru (India), Unfunded
Retailer of meat products providing recipes for culinary guidance
-
-
24/100
8th
Logo for Artisan Deli
Artisan Deli
2018, Panaji (India), Unfunded
Internet first brand of cold cut meat
-
-
23/100
9th
Logo for Meatfolks
Meatfolks
2020, Tanuku (India), Unfunded
Retailer of various non-vegetarian food products through an e-commerce app
-
-
16/100
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Licious's Latest cap tables and shareholding

Founders own 17.38%, Funds (largest shareholder) own 74.05%, Enterprises own 5.43% and Angels own 0.59%. The net worth of Licious's founders is INR 2,110Cr as of Sep 21, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
17.38%
2,110Cr
2926001
3438769
7483288
1998251
6321781
6694860
4787240
6027476
5980899
1211470
1157979
3992314
8027963
5997326
2829369
6198570
Fund
74.05%
8,990Cr
8142886
7387582
3256246
2667619
0
0
0
0
0
0
4574079
5521932
7684414
3328393
6062306
2635081
9642094
8489487
6607219
4166474
1340343
3240852
815
683
782
889
224
261
8
6
1
8
8
5
0
0
0
0
0
0
Enterprise
5.43%
660Cr
89943
33954
50859
32998
Angel
0.59%
70.7Cr
0
0
0
0
0
0
0
0
0
0
Other People
-
35.5L
0
0
0
0
ESOP Pool
2.55%
310Cr
95
42
93
71
Total
100.00%
12,100Cr
9875766
6395750
1737502
7392966
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Licious's Shareholding

Licious's Investments and acquisitions

Licious has made 1 investment in Pawfectly made and acquired My Chicken and More.

Reports related to Licious

Here is the latest report on Licious's sector:

News related to Licious

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Media has covered Licious for a total of 15 events in the last 1 year, 7 of them have been about company updates and 2 about people movement.
Licious losses widen in FY26Financial ExpressApr 01, 2026Licious
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FAQs about Licious

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