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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, Vivek Gupta, Joe Manavalan and Sumanth Donthi. 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 Kumar Hanjura, Vivek Gupta, Joe Manavalan and Sumanth Donthi. Saif Shaikh is the CEO of Licious.
Here are the details of Licious' key team members:

Licious' Board of Directors

Licious's board has 8 active members. Dhruv Kapoor, Abhay Kumar Hanjura, Sridhar Sankararaman ., Vishesh Shrivastav, Vivek Gupta, Nikhil Khattau Nirvan, Ved Prakash Kalanoria and Kanwaljit Singh are part of team.
Here is the list of Licious' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 0m
Team
-
Current
11y 0m
Investor
-
Current
4y 10m
Investor
Temasek
Current
4y 9m
Investor
-
Current
7y 7m
Investor
Fireside Ventures
Current
9y 4m
Investor
Sistema Asia Capital
Past
0y 7m
Investor
-
Past
4y 9m

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
83/100
2nd
Logo for TenderCuts
TenderCuts
2016, Chennai (India), Acquired
Order fresh chicken, mutton, and fish online with speedy delivery
$38.1M
75/100
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 Good To Go
Good To Go
2015, Delhi (India), Seed
Provider of online fresh meat and seafood delivery
$2.48M
52/100
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
-
-
26/100
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
6890950
9925455
1316703
5325690
6005664
6751981
9714273
5961422
6574345
2308821
Fund
74.05%
8,990Cr
4563796
2450850
9326517
8883895
0
0
0
0
0
0
9277967
4905612
7978014
3626459
2126852
2147863
6461371
8208892
7351224
9735749
4779797
8683875
195
404
889
986
166
331
2
8
4
8
4
5
0
0
0
0
0
0
Enterprise
5.43%
660Cr
29309
68515
44633
57232
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
70
75
88
17
Total
100.00%
12,100Cr
6160369
7372169
3913811
5118274
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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 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 ExpressApr 01, 2026Licious
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