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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 Kumar Hanjura, Joe Manavalan and Vivek Gupta. It operates as a Retailer of fresh meat products available for online consumer purchase. Licious has raised $490M in funding from investors like Mayfield, Avendus and Temasek, with a current valuation of ₹12,100Cr. The company has 115 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like TenderCuts, FreshToHome and ZappFresh.

Company Details

Retailer of fresh meat products available for online consumer purchase. This business facilitates the digital procurement of various raw meat items. Customers select products through an online interface for delivery. The operation focuses on the distribution of perishable food goods directly to households.
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 13 rounds
Latest Funding Round
Post Money Valuation
₹12,100Cr as on Sep 21, 2023
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
2,828 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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Licious's funding and investors

Licious has raised a total funding of $490M over 13 rounds. Its latest funding round was a Series G round on Sep 21, 2023 for $912K. 1 investor participated in its latest round. Licious has 39 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 Kumar Hanjura, Joe Manavalan 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 10 active members. Dhruv Kapoor, Abhay Kumar Hanjura, Sridhar Sankararaman ., Vishesh Shrivastav, Nikhil Khattau Nirvan, Benedict Jerome Mathias, Ved Prakash Kalanoria, Kanwaljit Singh, Mohnish Jayesh Dave and Vivek Gupta are part of team.
Here is the list of Licious' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 2m
Team
-
Current
11y 2m
Investor
-
Current
5y 1m
Investor
Temasek
Current
4y 11m
Investor
-
Current
7y 9m
Investor
-
Current
7y 7m
Investor
Fireside Ventures
Current
10y 0m
Investor
-
Current
0y 8m
Investor
Sistema Asia Capital
Past
0y 7m
Investor
-
Past
4y 11m

Licious' employee count trend

Licious has 2,828 employees as of May 26. The total employee count is 48.0% more than what it was in May 25. 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 ZappFresh. 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
Retailer of fresh meat products available for online consumer purchase
$490M
84/100
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
74/100
4th
Logo for ZappFresh
ZappFresh
2015, Gurugram (India), Public
Platform offering fresh meat, chicken, seafood, and ready-to-eat non-vegetarian products
$14.5M
72/100
5th
Logo for Fipola
Fipola
2016, Chennai (India), Series A
Processor and retailer of meat products
$12M
52/100
6th
Logo for Good To Go
Good To Go
2015, Delhi (India), Seed
Provider of online fresh meat and seafood delivery
$2.48M
50/100
7th
Logo for Meatigo
Meatigo
2016, Gurugram (India), Acquired
Online platform offering gourmet meat delivery services
-
-
49/100
8th
Logo for Nandus
Nandus
2002, Bengaluru (India), Unfunded
Online platform for home delivery of fresh and healthy meat, fish, and seafood products
-
-
48/100
9th
Logo for TWM
TWM
2021, Delhi (India), Unfunded
Platform offering wholesale meat delivery services
-
-
45/100
10th
Logo for Delybazar
Delybazar
2015, Kolkata (India), Seed
App-based retailer offering multi-category groceries
$300K
44/100
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Licious's Latest cap tables and shareholding

Founders own 17.37%, Funds (largest shareholder) own 74.06%, Enterprises own 5.43% and Angels own 0.58%. 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
17.37%
2,110Cr
8661529
1137235
5976807
3515458
8469932
8744561
5879187
2838021
6277915
5072379
Fund
74.06%
8,990Cr
3160294
8672090
2492354
5848340
9832507
8065291
5343947
5977383
5081829
6298086
8949964
3185203
6262947
5413738
1500156
8909949
1335924
1523971
9147680
4727373
1891406
3821847
480102
886928
542831
828717
312356
740860
466268
428750
745674
501401
811005
309961
746835
273724
725740
689298
204515
741011
409
137
991
538
486
735
329
250
495
106
667
168
58
82
71
97
43
89
1
1
2
4
1
6
7
1
7
4
8
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
5.43%
660Cr
64292
98366
45636
75150
Angel
0.58%
70.7Cr
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.00%
35.5L
0
0
0
0
ESOP Pool
2.55%
310Cr
67
44
34
69
Total
100.00%
12,100Cr
6352347
2353900
4333453
3685887
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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:

News related to Licious

lockFilter this list
Media has covered Licious for a total of 14 events in the last 1 year, 7 of them have been about company updates and 1 about people movement.
•
Licious losses widen in FY26Financial Express•Apr 01, 2026•Licious
•
•
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